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Punisher Coin Declared Illegal in Meme Coin Scam Alert – SEC

PUNISHER COIN (SPUN) is not approved by the Commission for public issuance, and the individuals or entities behind the coin are not licensed to...

Nigerians Still Falling for Ponzi Traps – SEC

The Securities and Exchange Commission (SEC) has once again voiced serious concerns regarding the persistent enthusiasm among Nigerians for investing in Ponzi schemes, despite...

EFCC Cracks CBEX: Cash Recovered, Arrests Made

The Economic and Financial Crimes Commission (EFCC) has confirmed significant progress in its investigation into the collapsed cryptocurrency investment platform, CryptoBank Exchange (CBEX), which...

Inform us of Suspected llegal investments—SEC

The SEC has issued a strong call to action to all Nigerians, urging them to report any investment plan they suspect of being illegal...

SEC warns influencers, bloggers against promoting unregistered schemes

The law also covers influencers and bloggers who promote fraudulent schemes, with clear penalties, including imprisonment. Influencers on social media and bloggers have been cautioned...

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