In a report by Lianhe Zaobao, Singapore’s Attorney-General’s Chambers (AGC) introduced two dedicated task forces that was established this year, namely the Technology Crime Task Force and the Cryptocurrency Task Force.
The Technology Crime Task Force primarily handles computer or technology-assisted crimes and manages digital evidence.
This team is focused on investigating and addressing digital-related criminal activities.
In contrast, the Cryptocurrency Task Force concentrates on issues pertaining to cryptocurrencies as assets.
Their core responsibility is to assist the Singapore Police Force in tracking, seizing, and effectively managing cryptocurrency assets.
Members of these task forces receive specialised training to keep them updated on the latest developments in their respective domains.
They will also work closely with government agencies such as the Criminal Investigation Department and the Commercial Affairs Department.
All prosecutors, regardless of their specific task force, receive basic training related to technology-related crimes and digital evidence.
Task force-specific prosecutors are available to provide specialised expertise as required.
The AGC has been involved in training individuals to address technology-related crimes since the late 1990s.
This year, they officially established these two specialised task forces, deploying approximately 20 prosecutors to address the unique challenges presented by technology and cryptocurrencies.
Disparate from the AGC, the Singapore Police Force (SPF) themselves are no stranger to illicit activities brought on by cryptocurrencies.
In 2018, the Singapore Police established a Cryptocurrency Task Force, which collaborates closely with the Monetary Authority of Singapore (MAS), the regulatory authority responsible for entities involved in cryptocurrency and Digital Payment Tokens (DPTs) transactions in Singapore under the Payment Services Act.
* Original content written by Coinlive. Coinbold is licensed to distribute this content by Coinlive.
