Connect with us

    Hi, what are you looking for?

    Cryptocurrency

    Burna Boy Denounces Meme Coin, Labels Cryptocurrency Scheme as Fraud

    Burna Boy
    Burna Boy

    Grammy-winning Nigerian musician Burna Boy has publicly distanced himself from a meme coin circulating online that falsely uses his name and likeness for promotion. In a statement posted to his official Instagram account, the Afrobeats star strongly condemned the cryptocurrency project, describing it as fraudulent and misleading.

    “I don’t do any internet ‘coin’ business. I see it as fraud and I have no interest in any of that,” Burna Boy stated. “So if you see anyone using my name for such, please disregard or report them.”

    His remarks follow growing attention surrounding the meme coin on social media platform X (formerly Twitter), where promoters have allegedly linked the token to the artist in a bid to gain traction.

    Burna Boy emphasized that he has no involvement in any crypto ventures and warned fans to remain vigilant against scams or digital schemes that misuse celebrity identities. He urged the public to report any individuals or platforms falsely claiming his endorsement.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Economic and Financial Crimes Commission (EFCC) has arrested Tunde Ayeni, former chairman of defunct Skye Bank Plc, in Abuja on Thursday, April 23, over...

    News

    President Bola Tinubu has formally requested Senate approval for a $516,333,070 loan from Deutsche Bank to fund the construction of the 1,000-kilometre Sokoto-Badagry Super...

    News

    TikTok and the International Chamber of Commerce (ICC) have partnered to launch the Digital Commerce Labs, a global initiative aimed at empowering small businesses...

    News

    Nigerian Communications Commission (NCC) has inaugurated the Nigeria IPv6 Council to accelerate the country’s transition to the next generation of internet protocol. Speaking at...