Wednesday, October 7, 2026

Assets of Tokenize Xchange founder and his ex-wife frozen by court order

SINGAPORE – Hong Qi Yu, former chief executive and founder of the entity behind the now-defunct cryptocurrency trading platform Tokenize Xchange, and his former wife have had up to almost $53 million of their assets frozen under a Mareva injunction.

The sum is the total amount being claimed in a suit by nearly 250 former customers who had used the trading platform.

Source : https://www.straitstimes.com/business/assets-of-tokenize-xchange-founder-and-his-ex-wife-frozen-by-court-order

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