SINGAPORE: Singapore state investor Temasek on Tuesday (May 2) rejected recent reports it made a US$10 million (S$13 million) investment into algorithmic currency system Array.
Temasek released a statement on its website, calling the claims "fake news".
"We have seen news articles and a tweet from Array about Temasek’s investment in it. This news is incorrect. Temasek has not invested in Array and we have no relationship with them," said Singapore's state investor.
In a tweet on Monday that has since been taken down, Array thanked Temasek for the investment, adding it was "a huge milestone" for the company.
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Temasek released a statement on its website, calling the claims "fake news".
"We have seen news articles and a tweet from Array about Temasek’s investment in it. This news is incorrect. Temasek has not invested in Array and we have no relationship with them," said Singapore's state investor.
In a tweet on Monday that has since been taken down, Array thanked Temasek for the investment, adding it was "a huge milestone" for the company.
Continue reading...