The Singapore Parliament has recently delved into the specific risks that Worldcoi faces in its operations within the country, particularly concerning account abuse and privacy protection issues. Deputy Prime Minister Heng Swee Keat expressed concerns about money laundering activities through the sale of accounts. He noted that while Worldcoi itself does not provide payment services under current laws, the act of buying and selling accounts may cross illegal boundaries. The relevant authorities are currently conducting an in-depth investigation into this matter. Additionally, Heng Swee Keat issued a warning to the public, advising them against transferring accounts carelessly to avoid potential data privacy leaks and to prevent their use by criminals. This issue highlights the importance of protecting user information security in the digital age and the responsibilities of regulatory bodies in addressing challenges posed by emerging technologies.