CBEX promised 100% returns—now Nigerians and Kenyans are counting their losses
The scam entity, rumored to be part of a larger crypto crime ring carted away millions of dollars from its victims in Nigeria and Kenya
Crypto Scam
South Africa’s FIC flags crypto crime risks for VASPs — Report
The agency says that criminal actors are turning to crypto to launder their profits and wants licensed VASPs to report them
Ghana’s president John Mahama confirms social media hack
John Mahama distanced himself from posts made from the page endorsing Solana and promoting a memecoin.
Crypto crime proceeds valued at $40.1 billion in 2024—Chainalysis
The figures are expected to rise much higher and cross the $51 billion threshold as crypto crimes become more sophisticated and professional.
Triple-A and Paycorp team up for South Africans to withdraw crypto as cash at ATMs
This feature is only available to South African users of the Paycorp-powered CryptoExpress app.
Crypto crime in 2023 exceeded $24 billion: Chainalysis
The analytics firm found that illicit transactions are carried out more with stablecoins than any other cryptocurrency.
Nigerian crypto scam entity Argo Coin has vanished with its customers’ funds
The crypto scam entity lured investors by falsely claiming to invest their money in Bitcoin mining equipment, promising exorbitant returns.