According to a report by *Lianhe Zaobao*, the Singapore Police Force issued a statement on March 8, stating that in 2025, there was an increase in scams involving cryptocurrency, with related losses amounting to approximately 182.2 million SGD. The main types include investment scams and impersonation scams involving government officials. Police noted that scammers often lure victims into setting up crypto accounts and purchasing cryptocurrency, then request victims to transfer assets to wallets under their control or disclose seed phrases. Since crypto transfers are difficult to reverse, once transferred, it is often hard to recover. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57770