BTS arrives at the Jingle Ball at the Forum on Friday, Dec. 3, 2021, in Inglewood, California. - AP
SINGAPORE, Dec 5 (Bloomberg): Singapore’s regulator has suspended Bitget, a crypto exchange that got into a dispute after promoting the digital currency Army Coin, named after the South Korean boy band BTS’s followers, the Financial Times reported.
Bitget, a sponsor of Italian football team Juventus, advertised Army Coin as a way to provide lifetime financial support to BTS members.
But BTS’s agency Hybe said late October the coin has no connection with BTS and threatened to take legal action.
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