Torque creditors to get interim returns as liquidators end investigations in crypto firm

Torque founder Bernard Ong was in May directed by the High Court to respond to the liquidators' questions. PHOTOS: TORQUESUPERWALLET.ASIA/YOUTUBE, TORQUETRADINGSYSTEM/INSTAGRAM
New: Gift this subscriber-only story to your friends and family

SINGAPORE - The liquidators of failed cryptocurrency trading platform Torque have concluded their investigations, and creditors can expect a partial return of their crypto assets by the year end.

Legal proceedings will also be taken against some individuals through the British Virgin Islands (BVI) and Singapore courts as part of the liquidators' planned recovery actions.

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

  • 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.