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The Commercial Affairs Department have launched an investigation into Hodlnaut Pte. Ltd on Nov. 23.<br />The Singapore-based cryptocurrency platform and/ or its directors are suspected of cheating and fraud offences, the Singapore Police Force (SPF) said in its press release on Nov. 23.<br />SPF said they received multiple reports between August and November 2022 alleging that Hodlnaut and/or its directors had made false representations relating to the company’s exposure to a certain digital token.<br />Those who have deposited digital tokens with Hodlnaut and believe that they may have been defrauded through, among others, false representations made by Hodlnaut, can lodge a police report at their nearest Neighbourhood Police Centre, or online.

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【Singapore police investigate S'pore-based crypto platform Hodlnaut for alleged cheating & fraud】The Commercial Affairs Department have launched an investigation into Hodlnaut Pte. Ltd on Nov. 23.
The Singapore-based cryptocurrency platform and/ or its directors are suspected of cheating and fraud offences, the Singapore Police Force (SPF) said in its press release on Nov. 23.
SPF said they received multiple reports between August and November 2022 alleging that Hodlnaut and/or its directors had made false representations relating to the company’s exposure to a certain digital token.
Those who have deposited digital tokens with Hodlnaut and believe that they may have been defrauded through, among others, false representations made by Hodlnaut, can lodge a police report at their nearest Neighbourhood Police Centre, or online.

Singapore police investigate S'pore-based crypto platform Hodlnaut for alleged cheating & fraud

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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