As a crypto analyst with five years in the blockchain space, I’ve seen how scams evolve—but this one hits close to home. A 23-year-old man was caught at Woodlands Checkpoint trying to exit Singapore after luring a victim into transferring over $1 million in cryptocurrency via fake investment schemes. Banks played a crucial role by flagging suspicious withdrawals. This case underscores why vigilance, chain analysis, and institutional safeguards remain vital in protecting digital assets. Let’s talk about the red flags investors should never ignore.