DiutoCoinNews

Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

ponzi

Stonebwoy, In Ponzi, Crypto NFT Scam Saga.

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TV personality, Bridget Otoo has called out Ghanaian musician on Twitter for his endorsement of collapsed Menzgold ponzi investment scheme that closed recently with investors funds unaccounted for . The call out follows latest Twitter post from the musician endorsing…

Cryptocurrencies and Ponzi Scheme: Misinterpretations and Misconceptions of the Day

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Since the history of time and money came into existence. People have managed to come up with Different Strategies (Fraudulent Schemes) to defraud others without the knowledge or other gullible persons. Then came the revolution of money into virtual currencies, such…

WoToken: Another “Record-Breaking” Chinese Crypto Ponzi Scheme has Emerged

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Recent reports suggests that WoToken, another “Record-Breaking” Chinese-based crypto ponzi scheme similar to PlusToken crypto ponzi scheme has emerged

Following the Increase in Ethereum Powered Ponzi Schemes, Nigeria Leads the Google Search Trends Data for the Word Ethereum in Africa.

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According to the global most recent data from Google Trends Search for the word ‘Ethereum’, in 2020. Nigeria ranks third in the global ranking and first in Africa. 

Ponzi Schemes: Cryptocurrency Wallet Users Increase in Nigeria Following the Increase in Pyramid Schemes Like Million Money Investment.

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Results show that a good number of Nigerians opened new Cryptocurrency Wallets in other to invest in ponzi schemes and other money doubling schemes. 

SEC Nigeria Makes a List of Ponzi Schemes Nigerians Should Avoid.

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The Securities and Exchange Commission of Nigeria alerts Nigerians to be mindful of patronising fund managers that are not registered with the commission. The capital markets regulator said its aware of the unlicensed investment schemes operating in the country, who…

The Nigeria Securities and Exchange Commission (SEC) Sets Out to Clamp Down on Ponzi Schemes or Illegal Fund Managers in Nigeria.

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The Securities and Exchange Commission (SEC) is set out to clamp down on organisers of ponzi schemes or any illegal fund managers in Nigeria.  Mrs Efe Ebelo, the Head, Corporate Communications of SEC said this in a statement on Sunday….

CRYPTO AND CYBER SECURITY NEWS HOT NEWS SCAM NEWS UPDATE

A Joint Declaration On Crypto Scam and Ponzi Scheme in East Africa.

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Just in, the blockchain and cryptocurrency associations from East Africa puts out a joint statement on Cryptocurrencies and Ponzi Scheme in the region.  The reason for the collaborative effort from East Africa is because of the increase in the number…

Weekly On Diutocoinnews : Cryptocurrency And Cyber Crimes In Nigeria : Popular Ponzi And Cryto Crimes In 2019.

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Changed from Cryptocurrency And Tech Crimes to Cryptocurrency And Cyber Crimes The popularity of quick money making schemes is on increase in the country. We have recorded not enough Cryptocurrency And Cyber Crimes in Nigeria since 2019. The use of…