SUBSCRIBERS

Asset prices falls may lay bare rot in crypto, commodities sectors in South-east Asia

Uma Devi
Published Thu, Jan 12, 2023 · 05:50 AM

MORE misdemeanours could turn up in the crypto and commodities sectors this year, market watchers said, as the global economy battles recessionary pressures and asset prices fall.

Cryptocurrencies have recently garnered a lot of interest from investors and markets. But the collapse of crypto exchange FTX could be a sign of greater troubles to come for the industry, said Tom Everett Heath, global head of forensic investigations and intelligence at Kroll.

FTX filed for bankruptcy in November, leaving several parties – including Singapore state investor Temasek – in the lurch.

KEYWORDS IN THIS ARTICLE

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here