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News Wire / technology

Strike Force Seizes $580 Million in Crypto

developing CNA938 Singapore Singapore 1h47m Impact 7
A strike force has frozen $580 million in cryptocurrency assets linked to Southeast Asian scam networks. This action comes as Bitcoin has fallen significantly from its peak, with capital outflows from crypto funds continuing for a fourth consecutive month.

Topics

cryptocurrency scam law enforcement

Developing

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Sources · 7 independent

CNA938 Singapore

“in a way that the money raised is forward-targeted purposes. The country's factory force has remained a key driver of growth, but economy struggles to boost consumer demand.”

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