Gefängnis für ‚Second im Command‘ des illegalen Betrieb
https://www.straitstimes.com/singapore/courts-crime/jail-for-second-in-command-of-illegal-operation-of-cross-border-crypto-transactions
Gefängnis für ‚Second im Command‘ des illegalen Betrieb
https://www.straitstimes.com/singapore/courts-crime/jail-for-second-in-command-of-illegal-operation-of-cross-border-crypto-transactions
2 Kommentare
>From its premises in [Geylang](https://en.wikipedia.org/wiki/Geylang), a team operated an illegal business buying and selling large amounts of foreign currency and cryptocurrency.
Running an illegal business in Singapore’s only red-light district isnt all that surprising, considering the location.
tldr; Javiour Chia Kit Hou, described as the second in command of an illegal cross-border cryptocurrency and foreign currency operation in Singapore, was sentenced to 10 months in jail. The operation, masterminded by Low Han Chuan, involved over $35 million in transactions without a license from the Monetary Authority of Singapore. Chia managed daily operations, coordinated transactions, and supervised the team. The scheme was uncovered following a police investigation into a scam, leading to arrests and Low fleeing the country.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.