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Venture capital firm Seedin suspends payouts

11 months ago Philippines inquirer

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A digital crowdfunding portal supporting micro, small and medium enterprises (MSMEs) is investigating its former chief executive over allegedly fraudulent activity, resulting in a temporary halt to withdrawals or payouts to stakeholders. In a statement over the weekend, financial technology firm Seedin Technology Inc. announced that former chief Edison Tsai—accused of conducting “anomalous transactions”—was replaced Read more at: inquirer

Tags : venture capital seedin suspends payouts

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