The Singapore Police Force and the U.S. Federal Bureau of Investigation have signed a memorandum of understanding to deepen cooperation on online scams, cyber-enabled fraud, and money laundering cases. The agreement covers joint operations, intelligence sharing, training, and law enforcement assistance.
The two sides have also completed a joint operation targeting cross-border crypto scams involving Singapore and the United States. By sharing information and blockchain intelligence, authorities identified 54 victims and potential victims. The operation also helped prevent potential losses of about $2.7 million in the United States and roughly S$388,000 in Singapore.
The announcement points to tighter coordination between the two agencies on crypto-related fraud investigations that span multiple jurisdictions.
The Singapore Police Force and the U.S. Federal Bureau of Investigation have signed a memorandum of understanding to strengthen cooperation on online scams, cyber-enabled fraud, and money laundering cases.
Joint work to cover crypto scam cases
Under the agreement, the two agencies will expand joint operations, intelligence sharing, training, and law enforcement assistance.
They also completed a joint operation targeting cross-border crypto scams linked to Singapore and the United States. Through shared information and blockchain intelligence, the agencies identified 54 victims and potential victims, and helped prevent potential losses of about $2.7 million in the U.S. and around S$388,000 in Singapore.
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