77379047727Here is a summary in English of the AI report on the collaboration between the Singapore Police and the StraitsX platform. The Singapore Police are collaborating with StraitsX to combat money laundering with cryptocurrencies.
According to Foresight News, the Singapore Police Force, in collaboration with the cryptocurrency platform StraitsX, conducted a joint field campaign from May 13 to May 30 targeting money laundering activities using cryptocurrencies.
During the campaign, authorities seized more than 200,000 Singapore dollars in cash and are currently assisting 35 men and 14 women, aged between 18 and 58, in ongoing investigations.
Preliminary investigations indicate that these individuals allowed others to use their cryptocurrency accounts or their Singpass accounts for amounts ranging from 400 to 3,000 Singapore dollars, and it is suspected that these accounts were used for money laundering purposes.
The police also clarified that most of the suspects were contacted through applications like Telegram or WhatsApp and provided their personal information based on instructions from strangers.
The police confirmed that the collaboration with the StraitsX platform, registered as a digital payment service provider, greatly assisted in identifying suspicious accounts and taking action.