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Singapore Police, Crypto Exchanges Prevent $4.2M in Scam Losses, Coinbase Helps Reach 145+ Victims

Summary
The Singapore Police Force and major cryptocurrency exchanges identified more than 145 potential scam victims before funds were lost, preventing more than $4.2 million in potential losses through blockchain analysis and direct police intervention. How Singapore Police Traced Potential...
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According to ChainCatcher, the Singapore Police Anti-Fraud Centre and Cyber Investigations Unit, in a six-week joint anti-fraud operation from April 16 to May 31, 2026, collaborated with Coinbase, Coinhako, Gemini, Independent Reserve, OKX, StraitsX, and Upbit. Utilizing blockchain analytics tools from Chainalysis and TRM Labs, they identified potential fraud victims and conducted over 145 targeted interventions via telephone and in-person visit…

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Bitcoin.com broke the news on Sunday, July 12, 2026.
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