Kenya, Nigeria, and South Africa ranked among the leading countries from where scammers, using these guiles, generated the most revenue per user last year, according to a report by blockchain analysis firm Chainalysis. 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. South Africans mostly fell victim to investment scams where the fraudsters promote a non-existent investment company promising huge returns, What is your take on Crypto investing ?

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