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Crypto Regulation

Singapore Police Block $17.4M in Scam Losses with Crypto Exchanges

Singapore’s police force said a joint operation with cryptocurrency exchanges prevented about $17.4 million in scam losses, identifying more than 383 fraud victims using blockchain analytics and customer data from platforms including Coinbase and OKX. Intelligence shared with the FBI, the New South Wales Police Force and the Canadian Anti-Fraud Centre helped identify 32 additional overseas victims.

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