Fraudsters in Singapore recently scammed investors out of their money offering sales of a false state-backed cryptocurrency.
source https://www.google.com/url?rct=j&sa=t&url=https://beincrypto.com/scammers-offered-investors-fake-official-singapore-cryptocurrency/%3Futm_source%3Drss%26utm_medium%3Drss%26utm_campaign%3Dscammers-offered-investors-fake-official-singapore-cryptocurrency&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNGSYdlH9a2BbvHyuH2eWmgsPZr0jw