SEC flags Zugacoin, Samzuga GPT as unlicensed, high-risk crypto investments

The Securities and Exchange Commission (SEC) has sounded a strong warning to the Nigerian public about two cryptocurrency products, Zugacoin and Samzuga GPT, declaring them unlicensed and unauthorised for operation in the nation’s financial markets. In an official statement released on Wednesday, the commission said it had observed aggressive online promotions touting Zugacoin and its [...]The post SEC flags Zugacoin, Samzuga GPT as unlicensed, high-risk crypto investments appeared first on The Sun Nigeria.

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