Singapore police and cryptocurrency exchanges have prevented 145 potential scam victims from losing over $4.2 million in total.
2026-07-12 03:32
Odaily Odaily星球日报讯 The Singapore Police Force's Anti-Scam Centre and the Cybercrime Command, in collaboration with Coinbase, Coinhako, Gemini, Independent Reserve, OKX, StraitsX, and Upbit during a six-week joint anti-scam operation from April 16 to May 31, 2026, utilized blockchain analysis tools from Chainalysis and TRM Labs to identify potential scam victims. Through over 145 targeted interventions conducted via phone and in person, they prevented potential losses exceeding $4.2 million. Coinbase Singapore stated in a post on X on July 10 that its collaboration with the Singapore police prevented over 145 people from losing a combined total of more than $4.2 million due to scams. The Singapore Police Force stated it will continue to work with cryptocurrency exchanges and other private sector entities to combat cybercrime. (Bitcoin.com News).
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