I received the anti-fraud manual issued by the Singapore Police Force to residents, and installed Singapore's anti-fraud app as prompted: ScamShield
Since the collapse of FTX, which was invested by Temasek in 2022, and the 3 billion Singapore dollar money laundering case in 2023, the two major cases have had a negative impact on Singapore's image as an international financial center, because Singaporeans suffered huge losses in the FTX case, and the funds involved in the money laundering case came from telecommunications fraud and online gambling.
Singapore has strengthened its protection of its citizens.
In my opinion, before it was strengthened, this kind of protection from the government and state-owned banks was already a bit too strong. For example, the bank asked me to return the money I spent in the blockchain game without my request. . .
