PANews reported on April 25th that, according to Lianhe Zaobao, the Singapore Police Anti-Scam Centre, in conjunction with the Cyber Investigation Department and several cryptocurrency exchanges including Coinbase and Coinhako, conducted a month-long special anti-fraud operation from March 16th to April 15th. Law enforcement utilized on-chain analytics tools such as Chainalysis and TRM Labs to investigate various scams involving impersonation of public officials, investment scams, online romance scams, and job scams. They conducted over 90 offline and remote interventions, successfully intercepting over S$2.86 million in illicit funds. Police stated that efficient cross-agency and government-enterprise information sharing was key to this operation, and they will continue to strengthen cooperation to routinely prevent various cryptocurrency-related scams.
Singapore launched a special anti-fraud operation targeting cryptocurrencies, intercepting over S$2.86 million in fraudulent funds within a month.
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Author: PA一线
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