Chainalysis, Singapore police block $2.86M in scams

Chainalysis and Singapore Police say a month-long operation identified 90+ scam victims and prevented $2.86M in crypto losses via real-time analytics.
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Chainalysis said on X that, in partnership with the Singapore Police, its blockchain analysis tools helped detect more than 90 scam victims and prevent over $2.86 million in losses. The announcement presents the outcome as the result of a month-long anti-scam effort.

The operation matters because it points to active intervention before more funds were lost, not just post-incident tracing. Based on Chainalysis’ statement, the joint effort combined blockchain analytics with law enforcement action to identify victims and interrupt scam-related losses while the fraud was still unfolding.

For now, the next point to watch is whether this kind of police-analytics coordination becomes a repeat model for future crypto scam enforcement. The X post frames the result as a concrete example of how blockchain intelligence can move from forensic visibility to real-time prevention.

Source: Chainalysis on X.


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This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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