Fraudulent CAR crypto investment company vanish with customer funds: Reports
Hundreds of Central Africans participated in the scheme, with some depositing their life savings worth millions of CFA francs.
Crypto Scam
Sophisticated crypto scam run by Chinese nationals busted in Namibia: Reports
The scammers employed young Namibians and trained them to target victims to invest in a non-existent crypto investment platform.
MTI’s liquidators to refund part of victims’ recovered bitcoins
1,281 bitcoins have so far been recovered and will be repaid to victims who submit claims only after the courts have made some clarifications.
NITDA issues warning to Nigerians about cryptocurrency giveaway scam
Scammers actively target victims by sharing videos of fake cryptocurrency giveaways featuring notable names and organizations.
Crypto scam alert: Argo Blockchain does not have Nigerian and Kenyan entities
Argo-Coin and Argo Kenya have been taking money from Nigerians and Kenyans to invest in Bitcoin mining equipment and earn outrageous ROIs
Remitano crypto exchange hacked for $2.7 million, narrowly avoids a further $1.4 million tether loss
The crypto exchange mainly based in emerging markets lost $2.7million in what is believed to be a well-coordinated attack and a potential loss of $1.4million was averted by Tether.
MTI CEO ordered to pay $1.7 billion in restitution for bitcoin Ponzi scheme
The founder of the bitcoin Ponzi scheme, MTI was charged with identity fraud last month in Brazil.