Singaporeans who invested with crypto-trading platform Torque lose life savings

Torque's liquidation came as bitcoin prices soared by almost 500 per cent since October last year. ST PHOTO: GAVIN FOO
New: Gift this subscriber-only story to your friends and family

SINGAPORE - When property investment wasn't giving her the returns she wanted, Jenny turned to cryptocurrency.

In 2019, she bought $500,000 of the digital money and invested it with Torque, an online trading platform.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.