According to a report by The Independent Singapore, the Singapore Police Force (SPF) and the Federal Bureau of Investigation (FBI) signed a memorandum of understanding on July 24 to strengthen joint efforts in online scams, cyber fraud, and money laundering cases, as well as intelligence sharing, training, and law enforcement assistance. In July, the two sides carried out a joint operation targeting cross-border crypto scams between Singapore and the United States, and by sharing information and blockchain intelligence, identified 54 victims and potential victims and prevented the potential losses of about $2.7 million in the United States and about 388k Singapore dollars in Singapore.

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