November 26, 2022

Nigeria’s Nestcoin held funds from its traders on

Nigerias Nestcoin held funds from its investors on

Nigerias Nestcoin held funds from its investors on

Nestcoin, a Nigerian start-up, held funds raised from traders on FTX and now plans to put off a big proportion of its employees because the failure of Sam Bankman-Fried’s crypto change cascades world wide.

The group held a “vital” portion of the stablecoin funding it used for day-to-day operations on FTX forward of the change’s chapter submitting on Friday, Nestcoin stated in a letter to investors.

An investor in crypto, gaming and digital artwork, Nestcoin raised $6.45mn…

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