Bitcoin Scams Swindle Singapore Investors for $78,000 in 3 Months

Between September and November 2018, a total sum of $78,000 was lost to cryptocurrency scammers in Singapore after they used a series of strategies involving spreading false information about fake investments online to attract investors. A  Straits Times report reveals that the scams were specifically designed to appeal to Singaporean residents by using well-known local personalities

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