MAS Warns on New Scam Bitcoin Investment Scheme

The Monetary Authority of Singapore (MAS) has flagged an online Bitcoin (BTC) scam scheme that offers Bitcoin investment which uses forged claims by a former prime minister. The fraud website uses fake statement from Goh Chok Tong who has served as prime minister of the city-state from 1990 to 2004 as the scheme was means for his riches. The name of the website  is “Bitcoin Loophole”.

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