PANews November 6 news, according to The Block, the Singapore Police Force stated that in a joint operation with crypto exchanges, it successfully prevented $17.4 million in scam losses. The police used blockchain analysis and customer data from platforms such as Coinbase and OKX to identify more than 383 victims. Intelligence shared with the FBI, the New South Wales Police Force, and the Canadian Anti-Fraud Centre also helped identify 32 foreign victims.
Singapore police collaborate with crypto exchanges to stop $17.4 million in scam losses.
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