The government has condemned two websites trying to score bank account information from unsuspecting customers by pretending Deputy Prime Minister Tharman Shanmugaratnam supports the bitcoin industry.
One site claims that, according to DPM Tharman, Singapore will invest in bitcoin. The other says Tharman is a venture capitalist, and is investing S$1 billion in bitcoin on behalf of the country.
The sites promise users can get rich within a week. To create an account, they need to provide their credit card and bank account details.
The Monetary Authority of Singapore (MAS) said the claims are false, and the sites are “deceptive and misleading”.
It also advised people not to enter any financial or personal information on the sites.