Police report made against Terraform Labs in Singapore; police not investigating (Straits Times)
A police report was lodged by a “concerned citizen” against Singapore-registered firm Terraform Labs and its South Korean co-founder Kwon Do Hyeong last week. The complainant claimed to know of more than 1,000 Singaporeans who have invested in UST and Luna, and that the police report was to “seek justice for all those who have lost money”.Singapore High Court blocks potential sale and transfer of rare NFT (Straits Times)
In a first, a Singaporean man has won a court injunction to stop any potential sale and ownership transfer of a non-fungible token (NFT) that was previously owned by him. According to court documents provided to The Straits Times, the High Court’s injunction protects...