Singapore’s Attorney-General’s Office has taken significant steps in combating crypto-related crimes by officially establishing two specialized task forces. These task forces, comprised of approximately 20 prosecutors, are dedicated to addressing the challenges brought about by technology-driven criminal activities. Deputy Chief Prosecutor of the Attorney-General’s Chambers, Ong Shouren, emphasized the importance of law enforcement agencies adapting and understanding how criminals leverage technology to develop new crime patterns.
Ong Shouren stated:
“In order to address growing tech-related crimes, Singapore’s Attorney-General has established two dedicated task forces: the Technology Crime Working Group and the Cryptocurrency Task Force.”
The first task force, the Technology Crime Working Group, is responsible for handling computer or technology-assisted crimes. Additionally, they manage digital evidence and related matters. This group plays a crucial role in understanding the complexities of modern-day crime and developing effective strategies to combat them.
The second task force, the Cryptocurrency Task Force, focuses on the challenges associated with virtual currencies as assets.
Ong Shouren further explained:
“This includes collaboration with the Singapore Police Force to track, seize, and manage virtual currency assets, which have become an increasingly vital component of modern financial investigations.”
The establishment of these task forces highlights the commitment of the Singaporean government to staying ahead in the fight against crypto-related crimes. Through collaboration and specialized knowledge, these task forces will ensure that prosecutors are well-equipped to address emerging technology-driven crimes effectively.
