• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Singapore AGC Launches Tech and Crypto Crime Task Forces

October 18, 2023
in Blockchain
Reading Time: 2min read
0 0
A A
0
Singapore Financial Regulator Says Crypto Rules Must Be Strict but Clear
0
SHARES
4
VIEWS
ShareShareShareShareShare

In response to the evolving landscape of technology-enabled crimes, Singapore’s Attorney-General’s Chambers (AGC) has officially established two specialized task forces this year, according to Lianhe Zaobao. Comprising approximately 20 prosecutors, these units aim to tackle challenges posed by technological advancements in criminal activities.

Two Types of Tech Crimes

Wang Shouren, Deputy Chief Prosecutor of the AGC, stated in an interview with Lianhe Zaobao that technology-enabled crimes mainly fall into two categories. The first involves crimes directly related to technology, such as hacking into computer systems. The second category consists of technology-facilitated crimes, which are traditional crimes aided by technology, like digital forgery, online harassment, and fraud.

Specialized Task Forces

The AGC began focusing on this criminal trend since the late 1990s and has now formally established two task forces: the Technology Crime Task Force and the Cryptocurrency Task Force. The former deals with computer or technology-assisted crimes and handles digital evidence, while the latter focuses on issues arising from cryptocurrencies as assets, including assisting the Singapore Police Force in tracking and handling such assets.

Training and Collaboration

All prosecutors are required to undergo basic training in technology crimes and digital evidence. The task force members also collaborate with relevant government agencies like the Criminal Investigation Department and the Commercial Affairs Department, and even receive specialized training abroad. Wang Shouren added, “We also maintain contact with large tech companies and social media firms, as tackling cybercrime and addressing challenges brought by technological advancements require close cooperation between the public and private sectors.”

Cross-Border Cooperation

Wang cited a recent case involving a local man in Singapore who committed identity fraud in the United States, defrauding hundreds of thousands of dollars. The case highlighted the importance of international cooperation in law enforcement, especially when criminals operate across borders.

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin SV Up 22% – A Look At The Factors Behind The Surge

Next Post

Anthony Scaramucci Lays Out Potential Price Targets for Bitcoin and Ethereum, Updates Outlook on Algorand (ALGO)

Next Post
Anthony Scaramucci Lays Out Potential Price Targets for Bitcoin and Ethereum, Updates Outlook on Algorand (ALGO)

Anthony Scaramucci Lays Out Potential Price Targets for Bitcoin and Ethereum, Updates Outlook on Algorand (ALGO)

You might also like

Bitcoin Large Players Have Built A Sell Wall At $80.5K–$82K – Spoofing Or Structural Supply?

Bitcoin Large Players Have Built A Sell Wall At $80.5K–$82K – Spoofing Or Structural Supply?

April 29, 2026
Bitcoin And XRP Are Seeing A Surge In Adoption, Here Are The Numbers

Bitcoin And XRP Are Seeing A Surge In Adoption, Here Are The Numbers

April 30, 2026
Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High

Kbank Tests Ripple Wallet for South Korea Remittances

April 27, 2026
Strategy’s High-Yield Stock Will Continue to Fuel Bitcoin Surge, Says Bitwise CIO

Strategy’s High-Yield Stock Will Continue to Fuel Bitcoin Surge, Says Bitwise CIO

April 29, 2026
Dogecoin Price Prediction: Wall Street Just Let Dogecoin In With Nasdaq Listing – Is $1 DOGE Finally Possible?

Bitcoin Price Prediction: Omega Candle to $1 Million Loading? Analysts Believe

April 29, 2026
VeChain Foundation Releases Q1 2024 Treasury Report

Evan Tangeman Gets 70 Months for $263M Crypto Theft Role

April 25, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Coinbase Backed Clarity Act Advances: Tim Scott Eyeing Summer

Coinbase Backed Clarity Act Advances: Tim Scott Eyeing Summer

May 1, 2026
Bitcoin Stalls Below $80K as Bear Market Resistance Caps Rally

Bitcoin Stalls Below $80K as Bear Market Resistance Caps Rally

May 1, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.