WINDHOEK: Five people accused in an alleged cryptocurrency scheme were each granted bail of N.dollars 20 000 in the Windhoek Magistrate’s Court on Tuesday. Tango Muulyau, Shi Zi Jun, Lin Shu Lin, Chen You Yi, and Carlos Alejandro are implicated in an alleged cryptocurrency scam involving the recruitment of young Namibians. The suspects face charges...
November 19, 2024
Tag: cryptocurrency
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Milestone in the African cryptocurrency industry reached as Yellow Card launches PayPal USD
A significant milestone in the African cryptocurrency industry was marked on Thursday, as Yellow Card became the first fintech in Africa to launch PayPal USD (PYUSD). This new stablecoin from PayPal, issued by Paxos, will open new horizons for digital financial transactions between Africa and the United States. Crypto adoption in Africa is booming –...
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High-profile cryptocurrency criminals recruited over 80 Namibian youths
Samuel Shinedima THE Namibian police have revealed that they arrested 20 suspects of various nationalities in a high-profile criminal incident reported in the affluent neighbourhoods of Windhoek earlier this week. These suspects, including 11 Chinese, five Zimbabweans, two Namibians, one Singaporean, and one Cuban national, are all charged with human trafficking, money laundering, and tax...