Guys, this story took a turn pretty fast! $BTC
The Wall Street Journal reported that Singapore was investigating Megaspeed’s Huang Le as a spy??
Singapore’s Ministry of Home Affairs quickly set the record straight:
Government officials never said that, and she was never investigated for espionage or intelligence matters.
In its response to the Wall Street Journal, the police only confirmed that the Megaspeed case was still under investigation. They didn’t say a word about her personally or any intelligence issues.
So why is she being investigated?
The timeline makes it clear 👇
In February 2025, Singapore police and customs opened separate investigations into suspected false declarations by Megaspeed and other companies when purchasing servers and chips. These are criminal cases under Singapore law.
Huang Le was Megaspeed’s CEO and lead executive at the time, and also spearheaded its partnership with Nvidia, so investigators needed to find out whether she was involved.
The official statement was: “She is not being investigated for espionage.”
On June 24, 2025, the U.S. Department of Commerce visited Megaspeed to conduct checks. At the same time, Singapore police questioned her and seized her passport to ensure she cooperated with the investigation.
Singapore officials only learned at that point that the U.S. had been following the case all along.
Afterward, Singapore repeatedly asked the U.S. to help verify where those chips and servers had gone.
In short, the case centers on false declarations and the destination of the chips.
As for the espionage claim, it doesn’t appear to have anything to do with the Singapore government.
So where did that claim come from…
#HuangRenxun
The Wall Street Journal reported that Singapore was investigating Megaspeed’s Huang Le as a spy??
Singapore’s Ministry of Home Affairs quickly set the record straight:
Government officials never said that, and she was never investigated for espionage or intelligence matters.
In its response to the Wall Street Journal, the police only confirmed that the Megaspeed case was still under investigation. They didn’t say a word about her personally or any intelligence issues.
So why is she being investigated?
The timeline makes it clear 👇
In February 2025, Singapore police and customs opened separate investigations into suspected false declarations by Megaspeed and other companies when purchasing servers and chips. These are criminal cases under Singapore law.
Huang Le was Megaspeed’s CEO and lead executive at the time, and also spearheaded its partnership with Nvidia, so investigators needed to find out whether she was involved.
The official statement was: “She is not being investigated for espionage.”
On June 24, 2025, the U.S. Department of Commerce visited Megaspeed to conduct checks. At the same time, Singapore police questioned her and seized her passport to ensure she cooperated with the investigation.
Singapore officials only learned at that point that the U.S. had been following the case all along.
Afterward, Singapore repeatedly asked the U.S. to help verify where those chips and servers had gone.
In short, the case centers on false declarations and the destination of the chips.
As for the espionage claim, it doesn’t appear to have anything to do with the Singapore government.
So where did that claim come from…
#HuangRenxun
