Nigeria lifts its crypto ban, ushering in a new era of regulated digital assets and signaling growth and innovation in the African fintech space

In 2022 alone, new Ponzi schemes were uncovered once every six days; in total 57 schemes was discovered in the same year, mobbing up about $5.3Bn of investors' funds. 25% of the uncovered scheme involved cryptocurrency and it surprisingly mobbed up about $3Bn of the $5.3Bn even though it is just 25% of the total scheme uncovered!