This is the first legal decision of its kind against a cryptocurrency platform in Malaysia.
The downfall of FTX has major implications for the crypto industry, but the most affected are investors' hard-earned money that vanished overnight.
Sarawak Cops Take Down Crypto-Mining Operations Worth More Than RM155,000 After Receiving Help From Locals
This illegal operation cost Sarawak more than RM32,500 in electricity per month.
The police confiscated equipment worth RM140,000 in the raid.
Zahidi Zainul Abidin says his ministry will encourage more young people to get into it.
It is not regulated by Bank Negara Malaysia.
RM3.5 million worth of equipment confiscated in a 13 hour raid.
Cryptocurrencies may not be recognised for day-to-day transactions, but BNM is still looking to the viability of their own digital currency.
Brave introduces Brave Wallet, a crypto wallet that requires no extensions.