SINGAPORE: Over 100 Singapore public servants ... public officers and agencies' mailboxes, demanding 50,000 USDT (US$50,000) in return for not publishing "compromising" videos, said MDDI.

Under Singapore regulations, these are called minimum redemption notes (MRNs), consisting of a zero coupon bond ... for a minimum amount of US$50,000. It established a presence in Asia in 2010 with ...

The notes will be issued in multiples of S$50,000, with the first three tranches making up S$10 million each, and the final tranche being S$20 million. The notes will be convertible to shares from the ...