A judge in Singapore granted bail to three men suspected of deceiving suppliers of server computers that may contain Nvidia chips affected by U.S. export rules.
Singapore prosecutors said the fraud case involved servers provided by Singaporean companies and then moved to Malaysia, with transactions totaling about $390 million.
The bail for the two Singaporean men was set at S$800,000 ($600,000) and S$600,000 each, while the third man, a Chinese national, had his bail set at S$1 million.
China's DeepSeek attracted global attention in the AI industry due to its advanced technology and cost-effective solutions, leading to concerns about how and where it sources chips.