[Blockchain News] Singapore police are investigating seven individuals suspected of providing Worldcoin accounts and token trading services, and five have been arrested. Preliminary investigations show that three suspects are suspected of recruiting people to create Worldcoin accounts and exchange cash for control, and the other two suspects are involved in the purchase and transfer of related assets. The police seized more than 200 mobile phones as evidence. The Monetary Authority of Singapore said that Worldcoin itself is not a payment service, but its transactions may constitute a payment service. 💡What do you think? Let's chat in the comment section!