Pictures from Singapore raid that seized $735M in crypto and other assets
Singapore an police have released pictures showing the results of a police raid that saw S$1 billion ($735 million) worth of assets , including luxury cars, expensive collectibles, and an unspecified amount of Crypto seized from 10 foreign nationals suspected of money laundering. The August 15 operation involved more than 400 officers and saw prohibition of disposal orders placed on 94 properties and 50 vehicles with an estimated value of roughly $600 million. Police also seized $17 million worth of foreign currencies, 35 bank accounts worth more than $80 million, over 250 luxury watches and bags, more than 120 electronic devices, and two gold bars. It’s believed that the arrested individuals were attempting to launder the proceeds of a number of illegal activities, including scams and online gambling. Images released by the Singapore Police Force. Read more: Police bust Aussie crypto scam, seize Ferrari, watches, weapons A 33-year-old Cambodian man was also foun...