Africans lose least in $5.9b global crypto scams

cryptocurrency

African investors may have shared the least percentage of investment scams in cryptocurrency which reached $5.9 billion globally last year. PHOTO | SHUTTERSTOCK

African investors may have shared the least percentage of investment scams in cryptocurrency which reached $5.9 billion globally last year.

But the continent’s investors were scammed more through investment and giveaway tricks, signalling the risk of high appetite to buy into the craze.