according to Lianhe Zaobao, a woman is suspected of being involved in a cryptocurrency investment scam, and has been gradually handing over more than 1.3 million Singapore dollars (about 1.01 million US dollars) to a 23-year-old man since May. Singapore police launched an investigation after receiving a report and arrested him at the Woodlands Checkpoint on June 20 when he attempted to leave the country.The police stated that a bank reported to the authorities when the woman tried to withdraw a large sum of money, suspecting that she was a victim of a scam. The police then found the woman to understand the situation, and preliminary investigations showed that she had withdrawn over 300,000 Singapore dollars from another bank branch and handed it over to the man in exchange for cryptocurrency.