Crypto Scam in Egypt Defrauds Thousands of Investors of $620K: Report
Authorities have arrested 29 people, including 13 foreign citizens in connection with the fraudulent network known as "HoggPool." Source
Read More
Egypt
Bitcoin use rise in Egypt amid economic recession
As the COVID-19 pandemic pushed the Egyptian economy into recession and deepening unemployment, more and more Egyptians see the benefits of trading and mining Bitcoin as an alternative source of income.According to Al-Monitor, many Egyptians, particularly young people, are interested in cryptocurrencies. Wael al-Nahhas, an economist and financial advisor to
Read More