DealStreetAsia’s COO in hot water over data theft claims

More: Stripe enters a partnership with Saison Capital, and a Pakistan-based fintech firm scores some fresh funds. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- Hello {NAME} Earlier this week, I admitted I had an unfounded fear of getting sued. In my opinion the only thing worse than that - from a legal standpoint, at least - is getting arrested. It’s worse still to get arrested in Singapore - it hasn’t been looking [all that good in recent years](. That’s the fate that Stephen Jacob, COO of DealStreetAsia, narrowly escaped after being issued a stern warning from the police. In today’s story, we take a look at what led to this situation in the first place and the shady circumstances around it. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Singapore police issues warning to DealStreetAsia’s COO]( COO Stephen Jacob received the “stern warning” for an offense under the Computer Misuse Act after VentureCap Insights filed a police report last year.  --------------------------------------------------------------- TRENDING NEWS [Gods Unchained developer makes layoffs, dismisses lead designer]( Immutable’s dismissals were part of a reorganization focused on scaling the NFT card game to the mainstream, reported Kotaku. [Singapore’s 99 Group raises $37m in first close of series C round]( The property platform will raise an additional US$15 million for the round in the coming months, with most of it having already been committed. [Thai public firm to finance Traveloka]( State-owned PTT Oil and Retail Business will use one of its subsidiaries to invest in the Indonesian unicorn, Kaohoon International reported. [Coinbase swipes right on former Tinder exec to lead SEA push]( Giuliano Octavianos’ appointment follows a spate of hiring as Coinbase expands into the region. [Stripe, Saison Capital to launch SEA-focused insights program]( Founders and operators from Saison’s company portfolio will be coached on topics such as market expansion planning and product roadmap development. [AirAsia to explore air taxis in Malaysia with UK firm]( The one-year partnership aims to establish a fully operational vertiport network in Malaysia. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - *Event* [SYNC]( on Aug 3rd-5th, Conrad Bali Tech in Asia is excited to host our first closed-door, in-person networking summit in two years at Conrad Bali, Nusa Dua. Headlined by best-in-class speakers in Asia's tech startup scene, join over 100 C-suites at SYNC, Asia's premier tech summit to reconnect and reinvent ideas outside the boardroom.  - *Free Event* [TIA x Slack]( webinar on Reinventing Work Evidence from numerous recent employee surveys suggesting a clear preference for location and schedule flexibility. 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