Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds
A majority of the monetary pyramids recognized in 2022 used cryptocurrencies in a method or one other, Russia’s central financial institution introduced in a brand...
Nigerian Lawmakers Urged to Consider Regulating Crypto Industry After Proposal to Jail Ponzi Operators
The chief of the Nigerian blockchain affiliation, Senator Ihenyen, has implored the nation’s lawmakers — presently pushing for the securities legislation to be revamped —...
Bank of Russia Exposes Nearly 150 Financial Pyramid Scams, Fraudsters Exploit Crypto Craze
The Central Bank of Russia (CBR) has identified 146 financial pyramid schemes in only six months this year. Fraudsters often lure people with weak financial...