greetings to everyone......
I stumbled uponn this piece which reads that SEC officially warns Nigerians against Investing in AfriQuantumX, saying that the platform activities shows clear signs of a Ponzi Scheme read more about it here:
IT HAS PONZI SCHEME FEATURES SEC WARNS NIGERIANS AGAINST INVESTING IN AFRIQUANTUMXAfriQuantumX is a crypto investment platform which claims to promoting financial growthh and the improval of regional wellbeing.... Their claim is that investment start from as little as $250 to make the platform accessible to a wider range of user........
here is what we all should all note 1) An unregistered platform whatsoever, has no legal protection and this implies that if anything goes sideways, there will be no regulator to holdd
2) most ponzi liked schemes are good at promising a high return, incentives for referrals and whatnot....... AfriQuantumX is beeing accused of these.
3) 9ja's should always and always stay away from money doubling or get rich crypto scheme, that are not approved by SEC....This is coz they don't always end well
4)When ponzi Scheme begins draining a person, they don't care if you are a rich folk or if you even borrowed the money to Invest, that is why it is very crucial that one isn't driven by hype or whatnotrather he/she should do a proper research before any kind of investmesnt
4) And lastly always verify registration of any platform be it investment platform or whatnot on the
SEC portal before engaging with it......
Let's remember to always be security conscious in all things..Best of luck everyone
