Category: Singaporean
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Singaporean Exchange Fairdesk Announces Plan To Shut Down
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Singaporean cryptocurrency exchange Fairdesk has revealed plans to scale back its operations next month. This step comes as a surprise, as there were no prior indications of difficulties facing the platform. However, it is in line with the broader trend of exchanges closing amid increasingly stringent crypto regulations imposed by…
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Singaporean Exchange Fairdesk Announces Plan To Shut Down
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Singaporean cryptocurrency exchange Fairdesk has revealed plans to scale back its operations next month. This step comes as a surprise, as there were no prior indications of difficulties facing the platform. However, it is in line with the broader trend of exchanges closing amid increasingly stringent crypto regulations imposed by…
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Singaporean Woman Sentenced in £3B Bitcoin Fraud Case
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A London court has sentenced a Singaporean woman, Wen Jian, to six years and eight months in prison for her role in laundering Bitcoin (BTC) linked to a stunning $6.4 billion Chinese scam. The case, which involved the seizure of more than 61,000 bitcoins by UK police, has highlighted the…