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26-year-old investor files for bankruptcy as FTX meltdown puts focus on Singapore's digital asset stance - Vimarsana News

26-year-old investor files for bankruptcy as FTX meltdown puts focus on Singapore's digital asset stance

Jacob* was immediately intrigued with cryptocurrencies and digital assets when he first heard about them as a teen, but only found time to learn how to trade during lockdown in 2020. He quickly built up a decent sum, mostly using Binance – the world’s largest cryptocurrency exchange. But government regulations introduced last year limited the services Binance could offer Singaporeans,...

Do cryptocurrency investors in Singapore have financial recourse after meltdown? - Vimarsana News

Do cryptocurrency investors in Singapore have financial recourse after meltdown?

SINGAPORE, May 20 — Many young investors here lost significant chunks of their life savings in a span of days when a popular cryptocurrency went into meltdown. They were left...