Singapore PM tells followers to 'remain vigilant' on crypto after seeing name used to sell tokens

Singapore PM tells followers to 'remain vigilant' on crypto after seeing name used to sell tokens


Lee Hsien Loong, Prime Minister of Singapore, claims someone set up a profile on the social token platform BitClout to sell tokens using the information from his Twitter account. 

In a Facebook post Friday, Loong urged Singaporeans to “to remain vigilant when dealing with cryptocurrency platforms.” He said that someone had used BitClout to create one of the platform’s Creator Coins using his name, Twitter account bio, and photo. According to the screenshot Loong posted, there were 27.4088 of his tokens with a market capitalization of more than $9,800, with at least one user holding $4.77 worth.

“I have discovered that my Twitter profile (and others as well) has been used without my permission or knowledge on a blockchain platform that allows users to buy and speculate with its proprietary cryptocurrency,” said the prime minister.

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He added:

“The site’s creators are anonymous, but I have sent an open tweet out to ask that my name and photo be removed from the site

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