Singapore warns against Bitcoin scammers

Bloomberg

Bitcoin fraudsters are misusing the names of Singapore PM Lee Hsien Loong and his deputy Tharman Shanmugaratnam to tout investments, prompting a warning from the premier.
“Scammers have used DPM Tharman’s and my name to solicit Bitcoin investments,” Lee said. “Don’t believe everything you see on the Internet!”
Lee in a Facebook post used the crypto example to highlight how the city state is attempting to tackle the issue of “fake news.” A parliamentary committee called for new rules including giving the government greater powers to curb the spread of online falsehoods and getting tech companies to comply.
Two fraudulent websites trumpeting get-rich-quick Bitcoin schemes used fabricated comments attributed to Shanmugaratnam, the Monetary Authority of Singapore said last week.