Tag: crypto scams

Namibia Central Bank To Complete Crypto Study By April 2022 — Governor Says Current Laws Do Not Permit Use Of Digital Assets

The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that…

Uganda’s Financial Intelligence Authority Wants Government To Formulate A Crypto Regulatory Framework

Uganda’s Financial Intelligence Authority (FIA) says it wants the country’s Finance Ministry to help formulate a regulatory framework for crypto service providers. According to the FIA, this call for the…

Elon Musk Impersonators Rake In $2 Million: Regulator Warns Of Fake Giveaway Cryptocurrency Scams

The U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators within…

Richard Branson Found To Be Crypto Scammers’ Favorite Brit Celebrity

Famed entrepreneur Richard Branson is often featured in fake articles sent out by various investment schemes, many of which are related to cryptocurrency, U.K.’s National Cyber Security Centre (NCSC) revealed…

Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning

Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that…