Cuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across the island.
Alleged Crypto Scams Are Mentioned in the Alert
According to the notice published by the Banco Central de Cuba, citizens should be aware of the Ponzi schemes hiding under legit-looking digital asset investments. The schemes have been scamming several people across the nation, whose has been hurt by a long-lasting economic crisis.
The central bank’s officers also released the names of some of the alleged scams operating without licenses in Cuba, such as Mind Capital, Mirror Trading, Arbistar, Trust Investing, Qubit Life/Qubit Tech, X-Toro, among others.
Arbistar has been under the loop of the Spanish authorities, as the bogus company is accused of being a million-dollar crypto scam th
European crypto investment products recorded outflows totalling $59 million last week
Despite the raging conflict in Eastern Europe, crypto investment products saw inflows totaling $36 million in the week…
