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Singapore officials warn public to stay away from cryptocurrencies

GuShiio.com learned that Sun Xueling, Minister of Home Affairs of Singapore, said that cryptocurrency fraud accounted for a quarter of the total losses involving fraud last year; in the fraud case involving the highest amount of money last year, the victim clicked on a fake conference link, downloaded and ran malicious code on his computer, losing about 125 million new yuan; our advice to the public is to stay away from cryptocurrencies.“ The risk of being burned is high, and if you become a victim of a scam, your chance of getting back a penny is slim.&‘’ rdquo;

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