Singaporean Policymaker’s Image Used to Promote Crypto Scam

Published: December 5, 2019 | by Bitcoin Press News Team

Last Updated on December 4, 2019

Singapore is a crypto-friendly country. However, the stance of the country can sometimes be to its detriment, as scammers can find it easy to run their operations on unsuspecting investors.

According to a December 3 report from the Stratis Times, Tharman Shanmugaratnam, the chairman of the Monetary Authority of Singapore (the de facto Central Bank of the city-state) has found himself unwittingly caught up in a Bitcoin investment scam, after his face and name were used to promote the scam. A Pretty Regular Customer Citing a statement from the regulator, the news medium explains […]