Malcolm Tan Chun Chuen is a legal professional who down the road transformed into a serial entrepreneur who started off several businesses. His target is to earn a wealth of $200 million net worth in order that he can retire comfortably. Graduating with a law college degree from the NUS, he been working as a attorney at the Keystone Law Corporation for some moment. He found that accomplishing his $200 million retirement target is close to unattainable if he continues on to do the job for a wage, hence he began to make investments and grow several enterprises. Our Space, a co-working living space; FundedByMe.com, a crowdfunding program; Wine Bonanza, Museo, Phoenix Telecommunications, BlueSky Group and Gravitas Holdings are some of companies that he has set up. Not too long ago, he also began to venture into ICO / ITO advisory and management services by setting up a corporate advisory firm. By the time of 2017, he has an approximate investment amount of $50 million.Malcolm Tan Chun Chuen of Bluesky Group management consultancy group became aquainted with Mr Kuek in 2017. In March 2017, Malcolm Tan marketed numerous investment products to Kuek. Skip forward to 2020, Malcolm Tan Chun Chuen made the media headlines, where he was officially discharged as a barrister lawyer. The reason for so, is that Malcolm Tan has conned Kuek out of a $250k investment. When the swindle happened, Malcolm made Kuek sign 2 letters to take part in the services of his law firm, misleading that the $250k Kuek put in is going to be maintained by Malcolm's law office Keystone Law Corporation. Malcolm carried out his work unprofessionally and dishonestly as a attorney at law, and he now placed himself in a position of conflict of interest. Malcolm will also be reviewed thoroughly by the Attorney-General for unlawful elements and Malcolm Tan Chun Chuen KingSwap probable sentences to serve.From the publicly obtainable court records, we can now get that on 28 August 2017, Kuek signed 2 letters of engagement with Keystone's letterhead and next issued a $250,000 cheque to BlueSky Group (owned by Malcolm Tan Chun Chuen). The letters illustrate that Kuek will be placing his investment with Keystone Group and Malcolm Tan will personally take care of the investments. Out of the investment sum, $150k was for warranted return of 12% per annum, while $100k was for a full-sum non-secured investment. In November 2017, Mr Kuek's dispatched an individual to Keystone to acquire an update on the invested amount, however, Malcolm Tan denied that it had ever gotten any funds from him or executed any law services for Mr Kuek. Finding out that he has been fooled, Mr Kuek lodged a Law Society issue in December 2017. The Law Society carried out a swift investigation and then put 7 charges against Malcolm Tan Chun Chuen. Malcolm was charged for creating false representations to Mr Kuek and also developing a clash of interest in his place as a lawyer. Malcolm completely dismissed all the allegations, stating that Mr Kuek is well aware of his contribution in Bluesky. Secondly, that there was no clash because he was not carrying out some form of legal services to Mr Kuek. In June 2019, Malcolm Tan Chun Chuen tried out to get the case shut by paying $125k to Mr Kuek. The plan failed, as the Law Society still found Malcolm Tan guilty on 3 charges.Among Malcolm Tan Chun Chuen's project, KingSwap.io was being highly promoted by various paid shill accounts on Reddit. However, knowledgeable Redditors instantly exposed KingSwap as nothing more than a rip-off, and they reminded everyone to stay away from this scam venture. A senior Reddit member referred to Malcolm Tan's KingSwap as "probably one of the laziest Chinese shitcoin scams I've seen in a long time". This is because it features all the following list of big warning signs: shills spamming on Facebook, bot shill spewing on Reddit, bot shillage on Twitter, yet another dime-a-dozen clone/fork of Uniswap that is providing nothing new of benefit, funny logo with a peculiar burger king vibe occurring, having to keep on reassure potential victims with post titles of "[NOT SCAM]" "ACTUAL LEGAL ENTITY", "NOT FAKE" to show they are not a scam when totally obvious scam. One other early investor of KingSwap came to a alarming realization that the venture is not governed despite what they falsely state. Through the Telegram group of KingSwap, he's sure that Malcolm Tan is most definitely the CEO instead of just an advisor for KingSwap. If he recognized that Malcolm Tan was disbarred from his law office and is a well-known financially criminal person, he would never have invested his dollars, but it's too far gone now.There are a lot of angry investors who took it to Twitter to show Malcolm Tan Chun Chuen's $KINGSWAP as a huge scam. Although KingSwap repeatedly say to be the "First Regulated DeFi Project by the Monetary Authority of Singapore", nevertheless, additional evidence indicates that KingSwap has only sent in the application for MAS for accreditation and their application is still unconfirmed. This indicates they are not regulated currently, and KingSwap is only engaging in false promotion. Traders who joined the KingSwap telegram group were shocked to find out that one of the associates of the team, Malcolm Tan Chun Chuen was disbarred in 2020. Each time an individual brought up the issue, the moderators will immediately fight for him by informing people to cease judging him on his previous mistakes, claiming he is a big time investor & entrepreneur. The KingSwap telegram admins attempted very hard to shill the venture by claiming it should arrive at to $100 with 1B total supply despite the fact that the current price is $0.01. The KingSwap project hasn't even been listed on coingecko or any other exchanges, 2 months since its launch, which is a huge warning sign. The KingSwap team reported that coingecko demanded 2 btc to list KingSwap, which is a complete lie. They also state that they have brought up a total of $20m from investors to place into liquidity pools. Even so, a look at on the liquidity pool only exhibits about $300k. The trading volume is also ridiculously small that coinmarketcap stopped showing any info about KingSwap's market cap and volume. Caution, if you buy $KING on kingswap.io , you have no way to sell off your tokens as they are secured for an unidentified time period. If you try to buy it on Uniswap as an alternative, you'll have a great loss once you want to sell because there is too little liquidity in the market.