News analysis

When social influence gets monetised into crypto exchange

OCBC Bank's head of wealth advisory Kelvin Goh said it is crucial to look at crypto platforms' reliability. PHOTO: NYTIMES
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SINGAPORE - Earlier this month, a Facebook post and tweet by Prime Minister Lee Hsien Loong made waves among investors and social media influencers.

He had asked for his name and photograph to be removed from BitClout - a social crypto-exchange where users trade tokens based on people's reputations - as it had used his profile without his knowledge.

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