Tag: Crypto
Ugandan Government Employee Admits Role in Crypto Trader Abduction
In what has been tagged shocking development, an employee of the Ugandan National Identification and Registration Authority (NIRA), has confessed to orchestrating the abduction of Festo Ivaibi, the founder of a blockchain education entity, in May. However, rogue elements in the Ugandan military working with NIRA employee, Alex Mwogeza, ultimately carried out the attack that…
Armed Men Ambush Uganda Crypto Trader, Coerce Him to Transfer $500,000
Festo Ivaibi, the founder and leader of Mitroplus Labs, a crypto education hub in Africa, has just become the latest victim of a violent robbery in Uganda, where he lost 500,000 USDT in what many describe as a fast-rising class of crypto-related crime that spans across digital and physical worlds. According to a statement released…
Argentina President Faces Impeachment Calls Over Crypto Scandal
Argentine President Javier Milei is facing growing calls for impeachment and legal action after his promotion of a cryptocurrency led to major financial losses for investors. On Friday, Milei endorsed the $LIBRA coin in a post on X (formerly Twitter), touting it as a tool for supporting small businesses and startups. His backing initially sent…