According to CoinMeta, the Singapore police have warned that victims of investments on the fun and coffee platforms are facing a second round of fraud involving "fund recovery." Scammers impersonate fun or third-party recovery service providers, claiming to be able to assist in recovering lost funds, and request victims to make bank transfers under the guise of deposits, taxes, or service fees. However, after making the payments, the funds still cannot be recovered. Previously, on August 8th, the Singapore police reported that fun and coffee promised high returns on investments, asking participants to transfer funds to designated wallets USDT. By recruiting new users, scammers obtained additional commissions, and subsequent investors were unable to withdraw their money. The police have launched an investigation into this platform and have arrested a 49-year-old woman suspected of promoting and recruiting participants.