Asia Blockchain Boiler Rooms Hong Kong Singapore Thailand 

Thailand seeks to extradite Singaporeans in Eagle Gates share-trading scam

BANGKOK (THE NATION/ASIA NEWS NETWORK) – Thailand’s Department of Special Investigation (DSI) is seeking to extradite four Singaporeans on the charge of deceiving around 250 victims to trade in a fake firm and lose some 235 million Thai baht (S$9.8 million), a deputy DSI chief said. Police Colonel Songsak Raksaksakul, deputy DSI director-general, said the department is seeking co-operation from Singapore to extradite the four alleged masterminds of the Eagle Gates share-trading scam. Mr Songsak said DSI officers on Wednesday (Aug 22) obtained the Criminal Court’s approval to extend the…

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Asia Blockchain India 

Asia Head of BitConnect Arrested at Delhi Airport

Divyesh Darji, the alleged Asian head of defunct cryptocurrency platform BitConnect, was arrested by Indian authorities at Delhi Airport on August 18. The arrest is set to provide a modicum of justice to those affected by what has been dubbed the biggest scam in cryptocurrency history. Local news media reports Darji was arrested after his arrival at Delhi Airport from Dubai, identifying Darji as the Asia head of the BitConnect platform, which is registered in the UK and operated from the Burj Khalifa tower in Dubai. BitConnect Saga Continues The arrest is the…

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Blockchain Singapore 

New blockchain-based marketplace hopes to unlock value of data, with IMDA’s blessings

  Dex CEO Chirdeep Chhabra (centre) is joined by IMDA’s assistant chief executive Yeong Zee Kin (second from right), Roche Diagnostics’ Lance Little (right) and PwC Singapore’s Data and Analytics leader Mark Jansen. (Photo: Dex) However, the model proposed by Singapore tech start-up Dex and PwC will not be the only project IMDA supports, says Mr Yeong Zee Kin, assistant chief executive for Data Innovation and Protection. SINGAPORE: A new blockchain-based data marketplace to help companies unlock the value of sharing information was announced on Tuesday (Apr 10) by Singapore-based start-up Dex, who…

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