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Singapore Police Warn of Fake Website Claiming to Help FTX Investors Withdraw Crypto Funds

On Nov. 19, the Singapore Police Force issued a warning about a website claiming to be hosted by the United States Department of Justice that prompts FTX users to log in with their account credentials, local news agency Channel News Asia reported. The website, which was not identified, targets local investors affected by the FTX collapse, claiming that customers “would be able to withdraw their funds after paying legal fees.”

The police said the website was a phishing scam designed to fool unsuspecting users into giving away their private information. Local authorities have also warned against fake online articles that promote cryptocurrency auto trading programs in the country, which appear to have proliferated recently. These articles often feature prominent Singaporean politicians, such as parliament speaker Tan Chuan-jin.

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