<ul><li>Singapore disowns collapsed cryptocurrency project Terraform Labs, stating it did not require a license from the MAS.</li><li>Authorities in Singapore are reinforcing regulations in the cryptocurrency market to ensure investor protection.</li><li>The MAS has implemented measures to enhance consumer protection and mitigate risks associated with cryptocurrency trading.</li><li>The Securities and Exchange Commission of the United States is seeking $5.3 billion from Terraform Labs and its Co-Founder, Do Kwon, for fraud.</li></ul>

Singapore Revisits Terraform Labs' Collapse, Clarifies Licensing Irregularities

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