avatar

Singapore-Based Crypto Platform Hodlnaut Allegedly Commits Fraud

Hodlnaut and its directors are suspected of cheating and fraud offences, the Singapore Police Force (SPF) said in its press release on Nov. 23.

SPF said they received multiple reports between August and November 2022 alleging that Hodlnaut and its directors had made false representations relating to the company’s exposure to a certain digital token (probably $UST). The police are currently conducting an in-depth investigation into it.

Source

Policy and Regulation

Related News
Singapore bans Polymarket amid national crackdown on online gambling sites Singapore bans Polymarket amid national crackdown on online gambling sites
South Korea imposes sanctions on North Korean crypto hackers, IT operatives South Korea imposes sanctions on North Korean crypto hackers, IT operatives
Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve
Iran moves to regulate crypto instead of imposing limits: report Iran moves to regulate crypto instead of imposing limits: report
Donald Trump appoints David Sacks to lead AI and crypto at White House Donald Trump appoints David Sacks to lead AI and crypto at White House
Latest News More More
15 Hours Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
15 Hours Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
1 Day Ago Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
4 Days Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
4 Days Ago Fetch.ai launches $10M accelerator for AI agent startups

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open