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Singapore’s MAS flags Bitget following dispute with K-pop band BTS
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ambcrypto.comThe Monetary Authority of Singapore has suspended operations of crypto-exchange Bitget in the country, according to a report by FT. The development follows a dispute between the K-pop band BTS and the exchange after the latter reportedly used the group’s photo to promote “Army coin.”
The BTS fandom is often referred to as ARMY by the community. However, the band’s agency Hybe has denied any links to Army Coin.
<p lang=«en» dir=«ltr» xml:lang=«en»>The «ARMY COIN» is listed on Bitget, a Singapore-based cryptocurrency exchange and it's using the ARMY name, which is trademarked by HYBE and used BTS's name and images, which are both violations of their portrait rights. HYBE is (rightly imo) reviewing their legal options. pic.twitter.com/1l2raoXBwD Read more on ambcrypto.comAbout this in other media
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