TraceTogether is being phased out as the end of the pandemic nears. Haven't had to use it for weeks now.
As for privacy issue - they ended up stating that they would only use it for serious crimes e.g. they used it in a murder investigation. Seems like a reasonable compromise for better public safety.
(I recognize that not everyone will agree on that, but the level of safety and security in Singapore is mind blowing.)
Except in this case they went too far and the IRS busted them - to the tune of $7B.
Let’s not pretend like they weren’t trying to get away with not paying their fair share of taxes here.
And to OP's point - if the punishment was in proportion to how much they tried to steal - well, you’d probably see a lot less “creativity” in these tax schemes.