October 2025
DCW Monthly: October 2025
From digital trade to defense finance, this month we're looking at how law and policy continue to evolve
4 min read
In two judgments issued concurrently on 29 July 2025, the High Court of Singapore has ordered nine former employees of the insolvent Envy group of companies to repay nearly SGD 900 million (USD 700m) for their respective conduct in a SGD 1.5 billion (USD 1.17b) nickel trading fraud that has been called the largest Ponzi scheme in Singapore history.
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