Two Men Arrested For Suspected Involvement In Banking-Related Malware Cases

Two men, 56 and 32, were arrested by Singapore police for their alleged role in banking-related malware cases involving unauthorized transactions. The crime involved malware obtained from third party or dubious sites. Seized from both men were cash, luxury items, electronic devices, and cryptocurrencies, while six bank accounts were frozen. They face charges punishable by up to 10 years in jail, a $500,000 fine, or both.