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EPISODE · Feb 13, 2025 · 13 MIN

Viewpoint: Crypto scams - how you can avoid becoming a victim

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

Losses from cryptocurrency-related scams grew in Singapore, where over S$32.6 million has been lost to investment fraud since January. Authorities say people are falling prey to such ruses as scammers look to break into digital wallets to siphon funds from them. Jag Foo, Chair of the Blockchain Security and Compliance Committee, with the Global Fintech Institute, and Partner at digital assets solutions firm SafeHeron, Jag shares his perspectives on the evolving tactics used by scammers including the role of social engineering in scams, and offers insights on how investors and institutions can better protect themselves in an increasingly complex crypto landscape.See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Feb 13, 2025

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