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Police Are Investigating Singapore-Based Crypto Platform Hodlnaut for Alleged Cheating and Fraud

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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.

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