Regulation· ★★★· neutral·

Singapore court freezes assets of Tokenize Xchange founder and ex-wife

  • —Up to S$53 million in assets frozen for Hong Qi Yu and Erin Koo
  • —249 former Tokenize Xchange customers filed the claims
  • —Court rejected the bid to lift the freeze on September 28
  • —Hong Qi Yu denies being the sole decision-maker at AmazingTech
Why it matters: The case sets a precedent for customer protection at failed crypto exchanges in Singapore and raises pressure on unlicensed operators.
Source: ChainCatcher 链捕手
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