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.
Torque's liquidation came as bitcoin prices soared by almost 500 per cent since October last year.ST PHOTO: GAVIN FOO

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.

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