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SINGAPORE — In our evaluate of the 12 months, we rounded up a listing of the most important winners and losers for 2022.
Half 1—The winners could also be discovered right here.
And now for the losers:
Dee Kosh
The 2-year scandal involving Dee Kosh resulted in a 32-week jail sentence for the YouTuber in August over quite a few sexual offences, which included providing money for sexual companies to a male beneath 18.
He posted on Instagram that he’s “extraordinarily sorry” for what he’s carried out, “regardless of what the headlines may counsel.”
“And now it’s time to pay the value.”
Titus Low
Low, in the meantime, was sentenced to a few weeks in jail for breaching a police order to entry his OnlyFans account. He was fined one other S$3,000 for transmitting obscene supplies by way of the platform.
In a video, Low mentioned that his stint in jail “wasn’t the very best expertise,” including that he’s glad for it to be over and is able to transfer on from this chapter of his life.
Temasek
One main bitter be aware in Temasek’s 12 months was the autumn of Crypto alternate firm FTX, which filed for chapter early in November.
FTX was as soon as the third greatest cryptocurrency alternate across the globe and had been price almost S$44 billion simply final January.
Shortly afterwards, Temasek Holdings issued a press release on Thursday (Nov 17) saying will probably be writing down its funding in FTX price US$275 million (S$377 million) whatever the final result of the agency’s chapter safety submitting.
Cryptocurrency
As soon as upon a time, it appeared like Singapore would grow to be a world centre for cryptocurrency. Nevertheless, a trio of occasions occurred in 2022 that put this into query.
First was the collapse of Terra Luna, which induced TerraUSD to fall as nicely.
Subsequent, Three Arrows, an area crypto hedge fund, filed for chapter, which affected crypto alternate Voyager Digital and crypto lender Hodlnaut.
The newest was the autumn of FTX (see quantity 3). Its founder, Sam Bankman-Fried, now faces costs within the US of “one of many greatest monetary frauds in US historical past”.
Singapore Swimmers
We’re undecided precisely who the losers are right here, though some say it’s Singapore swim stars Joseph Education, Amanda Lim, and Teong Tzen Wei.
The three nationwide athletes admitted to having consumed managed medicine abroad. Consequently, SportSG’s help was suspended for one month, and all three got letters of warning.
Nevertheless, the sentiment from many netizens has been to help the three athletes and provides them one other likelihood, and SportSG has been criticized for perceived pointless harshness. /TISG
So what Loh Kean Yew, iPhone 14, Air Asia & Agoda have in widespread? Nicely, Yahoo Yr in Evaluate 2022 has the reply!
Ship in your scoops to information@theindependent.sg
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