According to Singaporean media ZaoBao, Singapore police announced that in cooperation with cryptocurrency platforms such as Coinbase and Upbit, they prevented approximately 2.86 million Singapore dollars in fraud losses over a month. During the intensive crackdown period from March 16 to April 15, authorities utilized analysis tools from Chainalysis and TRM Labs to detect investment fraud, impersonation of government agencies, and job scams. Investigators directly intervened in over 90 cases involving victims, and assessed it as "a significant advancement in anti-fraud efforts through public-private cooperation."
