Warning On Crypto Scams Issued By Central Bank of Rwanda

The National Bank of Rwanda (BNR), has issued a general public notice warning against pyramid schemes, network marketing programs and scam coins. From the notice: “These scams take the form of active pyramid schemes, pyramid scheme, multi-level marketing, or cryptocurrency issuance through fake initial coin offerings (crypto scam). Examples of such schemes BNR include Supermarketings Global Ltd, 3 Friends System (3FS) Group Ltd, OneCoin or Kwakoo (OnyxCoin) to name a few.”

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