I think Pal Network conveniently ignored it and the whole saga went silent without any follow up. Some more it's run by a MAS Sandbox Graduate. It seems like a scam in the crypto scene. This is a bad mark for the crypto project developments in Singapore.
After further digging I found this:
Dr. Ke Liang who was the ex CTO for a very short period of time came n left Pal Network! He must have founds something scammy about it.
Lets set out and start a discussion to unearth more dirt!
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