Cointime

  • BTC $16510.35 -0.07 %
  • ETH $1210.44 -0.07 %
  • BCH $112.70 0.09 %
  • SOL $14.21 -0.07 %
  • XRP $0.40 -0.02 %
  • BNB $313.20 -0.03 %

Singapore Police Received 631 Cryptocurrency Scam Reports in 2021, Government Says

1 min read

The Singaporean government has revealed the number of reports related to cryptocurrency scams the police received in the past three years.

In a written reply to a parliamentary question about crypto scams in Singapore, published last week, Minister for Home Affairs and Minister for Law K. Shanmugam wrote:“In 2019, the police received 125 reports related to cryptocurrency scams. This increased to 397 in 2020, and 631 in 2021.”

All Comments