Nigeria's SEC warns against investing in Davido's meme coin, $Davido, due to high risk.
The Securities and Exchange Commission (SEC) of Nigeria has warned against investing in a meme coin allegedly linked to popular Nigerian singer David Adedeji Adeleke, known as Davido. The SEC stated that investing in meme coins, including $Davido, is highly risky and should be done with a full understanding of the associated risks. The commission also warned capital market operators not to associate with instruments that fall outside their regulatory purview.
10 months ago
6 Articles
Further Reading
You have 6 free stories remaining this month. Subscribe anytime for unlimited access.