Wu said that according to Lianhe Zaobao, the Singapore Police Force, in collaboration with the local cryptocurrency payment platform StraitsX, launched an island-wide enforcement operation from May 13 to May 30 to combat money laundering activities using cryptocurrencies. A total of 35 men and 14 women assisted in the investigation, with over 200,000 Singapore dollars in cash seized during the operation. The police pointed out that these individuals are suspected of lending cryptocurrency accounts or Singpass information to scammers, with each earning between 400 to 3000 dollars; the relevant accounts are suspected of being used to launder illicit funds.