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.
Kenya
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.
Is real estate tokenization the solution to land fraud in Africa?
Prop-tech startup My Shamba Digital partners with global real estate tokenization company BrickMark to solve land fraud and provide fractional investments.
Kenyan parliamentary committee recommends shutdown of Worldcoin
The committee deemed Worldcoin and its partners’ activities criminal and called for legal action against them.
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.
Kenya’s Interior Minister claims the U.S. prevented the arrest of Worldcoin executives
In a conflicting statement, a Worldcoin representative debunked the news, saying no executives were detained in Kenya.
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