Deep Dive: How CoAssets lost its investors millions of dollars
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English - January 14, 2021 20:00 - 21 minutes - 29.2 MB - ★★★★★ - 1 ratingEntrepreneurship Business Technology asia business entrepreneurship management startup technology asiapacific entrepreneur founder innovation Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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In the last weeks of 2020, hundreds of retail investors were shocked when they discovered that Singapore-based investment platform CoAssets had disposed of over US$30 million of their investments to a virtually unknown debt recovery firm.
Numerous affected parties have filed police reports against the company and former CEO Getty Goh, but many are still asking: How did this happen?
On this episode of Deep Dive, Tech in Asia editor-in-chief Terence Lee discusses the events that led to CoAssets’ closure and the alleged mismanagement of investors’ money at the firm.
More information on today's episode here: https://www.techinasia.com/deep-dive-coassets-lost-investors-millions-dollars
Featured reporter:
Terence Lee, editor-in-chief at Tech in AsiaEssential reading:
The rare tech startup which listed early and became profitable Millions lost, police reports filed: Behind the plight of CoAssets’ hapless investors