Screenshot of Malami’s Twitter deactivation shows app for trading banned cryptocurrency

on


A screenshot of Mr Malami's deactivation of his Twitter account also contained a couple of icons including one used to trade the prohibited cryptocurrency. Checks showed that while making the screenshot on his phone, Mr Malami had LATOKEN, a crypto trading app, on.The ‘LA’ logo confirmed to be the platform’s was conspicuously sitting at the top right side of the minister’s mobile phone.

Although it recently introduced a mobile recharge function, it is mainly used to exchange, buy, sell, or send Bitcoin, NFT, tokens, and over 200 cryptocurrencies.

Also Read : Visa Ban On Buhari




Ban The Central Bank of Nigeria had in February banned the trading of cryptocurrency in the country.

In fact, the regulator directed banks in the country to close all cryptocurrency-related accounts, claiming the digital currency is used for money laundering and terrorism.


spotted at the top right side of his phone is the Virtual Private Network (VPN), a tool many Nigerians have been using to access Twitter after the federal government suspended the microblogging site’s operations in the country.Read more


Comments

Post a Comment