Articles claiming Tharman Shanmugaratnam endorses crypto auto-trading programmes are fake: Police

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SINGAPORE: Have you seen articles on the Internet showing Senior Minister Tharman Shanmugaratnam endorse cryptocurrency auto-trading programmes, and claiming that such programmes can generate massive profits? Those are fake news articles, said the Singapore Police Force on Wednesday (Jul 13). The

SINGAPORE: Have you seen articles on the Internet showing Senior Minister Tharman Shanmugaratnam endorse cryptocurrency auto-trading programmes, and claiming that such programmes can generate massive profits?The police on Wednesday issued an advisory to remind the public to remain vigilant against fake articles that use false information to promote cryptocurrency auto-trading programmes.

Those articles portrayed the investments as highly lucrative and almost risk-free, claiming that Singaporeans were raking in"millions of dollars from home" by exploiting the volatility of Bitcoin."This endorsement has not been made by SM Tharman," said the police, adding that the articles were usually paid online advertisements acting as clickbait.

 

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