SINGAPORE - The Singaporean founder of the collapsed cryptocurrency trading platform Torque has denied accusations that he failed to perform his duty as a director in a lawsuit filed by the company’s liquidators.
The suit, filed in May, alleged that Mr Bernard Ong Hock Fong’s failure as the sole director and chief executive of Torque Group Holdings had caused substantial losses of investors’ funds and eventually the collapse of the online cryptocurrency trading platform in 2021.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
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