Singapore authority issues crypto warning after PM falls prey to scammers
Cointelegraph
Published Apr 06, 2021 04:08AM ET
Updated Apr 06, 2021 05:40PM ET
Officials in Singapore have issued a notice to would-be Bitcoin (BTC) and cryptocurrency investors, warning them of the dangers of engaging with such a volatile market.
Notably, the warning comes just 48 hours after Prime Minister of Singapore Lee Hsien Loong had his likeness appropriated by a user on the BitClout social token platform, who used the PM’s name to sell tokens worth a near combined $10,000.
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Written By: Cointelegraph
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