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Singapore establishes new forces to control and confiscate crypto

Singapore’s Attorney General’s Office has officially established two force s dealing with crypto , including assisting police in tracking and confiscating crypto currencies. Deputy Chief Prosecutor of the Attorney General’s Office Ong Shuren told Lianhe Zaobao that Singapore has always been quick to embrace the latest technology. It also force s our nation’s Attorney General’s Office and law en force ment agencies to keep up with the times and understand how criminals use technology and the new crime patterns that arise from it. The two groups focus on technology crime and virtual currency, respectively. This year, it formally established two task forces to address new challenges: the Technology Crime Working Group (Technology Crime Task Force) and the Cryptocurrency Task Force. You might also like: Singapore police report higher total involved in money laundering case The Technology Crime Working Group focuses primarily on computer or technolo...