Jail for ex-SAF captain for breaking into an acquaintance's condominium unit and stealing S$2.3 million in cryptocurrency
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
Jail for ex-SAF captain for breaking into an acquaintance's condominium unit and stealing S$2.3 million in cryptocurrency
SINGAPORE: A former Singapore Armed Forces (SAF) captain has been jailed after carrying out what prosecutors described as a carefully planned cryptocurrency heist against someone he knew personally. Teo Rong Xuan, 35, was sentenced to six years and 10 months in jail on Friday after stealing close to S$2.3 million worth of cryptocurrency from an acquaintance’s cold wallet. The case resembled a modern-day inside job rather than a typical cybercrim…
Ex-Singapore naval officer blames FTX collapse for 82-month crypto theft sentence
FTX co-founder Sam Bankman-Fried (SBF) was dragged into the headlines after Zhang Rongxuan, a former captain in Singapore’s Naval Diving Unit, has been sentenced to six years and 10 months in prison for stealing crypto from a known associate. The 35-year-old Zhang allegedly stole 1.7 million Tether (USDT) from a friend’s cold wallet after sneaking into the victim’s apartment and photographing the device’s seed phrase. According to the accused, h…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
