The police is looking into allegations of cheating and fraud by the company and its directors, according to the statement. The investigation report is the latest blow for the troubled Singapore-based ...
Singapore probes ailing crypto lender Hodlnaut for possible fraud
Hodlnaut was said to have suffered a near-US$190 million ($262.3 million) loss from the collapsed Terra digital-token ecosystem.
Crypto lender Hodlnaut reportedly faces police investigation in Singapore
Singapore police noted that the majority of complaints revolve around false representations and misinformation regarding the company’s exposure to a certain digital token.
FTX debacle poses challenges for Asia’s crypto capital
Specialized crypto bourses like FTX, one of the world’s largest exchanges of digital assets until recently, burst forth through this conceptual hole. They helped create spectacular wealth, as ...
Singapore Police Probe Hodlnaut for ‘Possible Cheating and Fraud’
Singapore's police received multiple reports between August and November that Holdnaut downplayed exposure to a "certain digital token." ...
Singapore Starts Fraud Investigation In to Crypto Exchange Hodlnaut: Reports
Singapore police have started an investigation into troubled crypto exchange Holdnaut, according to multiple reports. The white collar division of the police force is looking into allegations of ...
Police investigating Singapore-based crypto lender Hodlnaut for suspected cheating, fraud offences
SINGAPORE: The police are investigating Singapore-based crypto lender Hodlnaut and its directors for suspected cheating and fraud offences. Between August and November this year, the police received m ...
Singapore warns of slower economic growth in 2023
Singapore warned on Wednesday that economic growth could slow to a trickle next year owing to weakness in key export markets including the United ...
Singapore’s 2023 growth forecast at 0.5-2.5%; 2022 forecast narrowed to ‘around 3.5%’
SINGAPORE’S economy is forecast to grow at between 0.5 per cent and 2.5 per cent in 2023, while the official full-year growth forecast for 2022 has been narrowed to “around 3.5 per cent”, according to ...
S’pore-based crypto lender Hodlnaut faces police probe, public urged to submit documents
Between August and November 2022, multiple police reports were received which alleged that Hodlnaut and/or its directors had made false representations relating to the company’s exposure to the ...
Crypto lender Hodlnaut faces police probe, public urged to submit documents
Embattled Singapore-based cryptocurrency lender Hodlnaut is facing investigation from the police. On Wednesday, the police said the Commercial Affairs Department (CAD) Between August and November 2022 ...
Singapore’s core inflation eases slightly to 5.1% in October; expected to stay elevated in next few quarters
SINGAPORE: Singapore's core inflation eased slightly to 5.1 per cent in October, driven by smaller increases in electricity and gas prices, retail, as well as other goods and service, official data ...
Singapore core inflation eases to 5.1% in October, first drop in 8 months
The headline consumer price index or overall inflation came in at 6.7%, down from September’s 7.5%. Read more at straitstimes.com.
Singapore sees low 0.5% GDP growth in 2023 as exports slump
SINGAPORE: Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range ...
Singapore sees 2023 GDP growth as low as 0.5% as exports slump
Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range for 2023 ...
Singapore expects trade growth of -2% to 0% for 2023; full-year forecast for 2022 upgraded
SINGAPORE on Wednesday (Nov 23) upgraded its 2022 full-year trade forecasts for the third time this year, even as it projected negative to flat growth for 2023. Read more at The Business Times.