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Understand the various types of cryptocurrency fraud and how companies and individuals can trace, freeze and recover their stolen digital assets.

In March 2022, the Singapore High Court allowed an application to freeze over US$7m in crypto assets that an American entrepreneur claimed to have been stolen by unknown individuals and entities. In a separate case in February, a Singaporean woman reportedly lost S$1.2m worth of her life savings in a cryptocurrency investment scam.

Cases like these are becoming more frequent as more people venture into cryptocurrency investments. Cryptocurrencies are also often used in financial crimes such as money laundering and embezzlement, making it highly challenging to detect fraud and conduct investigations.

With individuals and businesses increasingly turning to blockchain transactions, the ability to investigate wrongdoing in public and private blockchains has never been more critical. What can investors do when they fall victim to a crypto fraud? Are there any forms of legal recourse for those who have lost money to scams involving digital asset transactions? Can we make use of forensic tools or cryptocurrency algorithms to trace and track stolen or lost cryptocurrencies?

Join us in this upcoming program as we discuss the various types of cryptocurrency fraud, how the Singapore courts deal with such cases, and some of the ways that companies and individuals trace, freeze and recover their stolen digital assets. We will also explore how the latest blockchain forensic tools are being used to analyze, identify and prevent cryptocurrency crimes.

This event is now over. Please contact the organizer to receive invites for future events.