Steaker founder detained over allegations of fraudFINANCIAL ANOMALIES: Wilson Huang and four other executives could face charges for allegedly defrauding investors of more than NT$2 billion, prosecutors saidBy Jason Pan / Staff reporterWilson Huang (黃偉軒), founder and CEO of cryptocurrency asset management platform Steaker, was yesterday detained after being questioned as part of a criminal investigation into alleged fraud and other financial irregularities. Steaker, which is engaged in digital financial investment, cryptocurrency exchange and asset fund management, is suspected of defrauding investors of more than NT$2 billion (US$65.19 million). Wilson Huang, founder of digital asset management platform Steaker, is pictured in a screen grab. Wilson Huang was denied bail and detained with restricted communication to prevent him from fleeing, destroying evidence, colluding with others and hampering the investigation, prosecutors said. Steaker was founded by Wilson Huang in 2019, with its headquarters in Taipei.

Source: Taipei Times December 23, 2022 02:42 UTC