The article Singapore Police Arrest More Than 10 in Case of Billions in Cash Laundering! originally posted on cryptomuskn Fintech Information
More than ten persons have been detained by Singaporean police for allegedly participating in money laundering through gambling and fraud. The majority of people who have been detained still have Chinese passports. The authorities also seized 94 real estate assets along with a sizeable sum of cash and cryptocurrency, totaling more than 1 billion US “dollars.” Authorities are conducting additional investigations in an effort to learn more specifics about this sophisticated operation.