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22 September 2020

African traders least likely to fall for crypto scams: Chainalysis

African traders least likely to fall for crypto scams: Chainalysis


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In the Chainalysis “2020 Geography of Cryptocurrency Report”, the firm states that the percentage of illicit cryptocurrency activity associated with scams isn’t as high in Africa as other regions around the world.

East Asian traders were the most likely to fall for scams, with 86% of all illicit crypto sent going towards scams?

Binance South Africa country manager Tanya Knowles said in March that the best approach crypto traders in the country can take is to “ensure there is education around scams...

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cointelegraph.com
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