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Zugacoin Controversy: Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme

Zugacoin Controversy: Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi SchemeAfter reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, Sam Zuga responded by accusing unnamed “ignorant people” of working to tarnish the project. One Nigerian expert has advised prospective zugacoin investors to prioritize learning finer details about the project before investing. A Financial System […]

Lightchain AI Reaches Stage 6 Milestone with $2.7M Raised in Just Three Weeks

FBI Helps to Train Nigerian Crypto Crime Investigators

FBI Helps to Train Nigerian Crypto Crime InvestigatorsThe United States government through the FBI recently helped to run a training exercise whose goal is to enhance the capacity of Nigerian cryptocurrency crime investigators, the U.S. Mission Nigeria (USMN) has said. The exercise saw over 50 Nigerian investigators and prosecutors participate. Understanding the Trends In its August 25 tweet, the USMN reveals that […]

Lightchain AI Reaches Stage 6 Milestone with $2.7M Raised in Just Three Weeks

Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured

Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation CapturedThe lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the run, was nabbed in Sokoto, a city located in the northwest part of the country. Still, in its May 28 Twitter statement, the EFCC […]

Lightchain AI Reaches Stage 6 Milestone with $2.7M Raised in Just Three Weeks