‘Pump-and-Dump’ Alert: Nigeria Cracks Down on Meme Coins
Submitted by Anonymous (not verified) on Fri, 06/20/2025 - 00:30
The Nigerian securities regulator has issued a warning against Zugacoin and Samzuga GPT, labeling them as unauthorized crypto operations. Memecoins Tied to Pump-and-Dump Schemes The Nigerian Securities and Exchange Commission (SEC) has issued a public warning, labeling Zugacoin and Samzuga GPT as unauthorized crypto operations. The commission stated that the promoters and issuers of these […]