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Blockchain Used by Budweiser Owner InBev to Help African Farmers

News AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo Finance reports on Jan. 21. A blockchain-based system developed in partnership with BanQu tracks all the local suppliers of AB InBev, replacing the paper trail. AB ..

Ugandan Victims of Dunamiscoins Scam Petition Gov’t for Lost Investments

News Over 5,000 victims of the alleged cryptocurrency pyramid scheme Dunamiscoins have petitioned the Ugandan Parliament asking to refund money lost in the scam. Arthur Asiimwe, the leader of the petitioning group who presented the request to the Parliament's speaker Rebecca Kadaga, claims th..

Directors of Alleged Crypto Pyramid Scheme Dunamiscoins Stand Trial

News Two directors of Dunamiscoins, an alleged cryptocurrency pyramid scheme in Uganda, appeared before court on Monday to face 65 counts tied to obtaining money by false pretense. Local news site The Observer reported on Jan. 8 that state prosecutors had logged over 4,000 complaints against Dunam..

Ugandan Police Hold Director of Alleged $2.7M Crypto Ponzi Scheme

News Ugandan police have seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. As domestic news publication Daily Monitor reported on Dec. 9, the police arrested Samson Lwanga, one of the four directors of Dunamiscoins. The company ..

Crypto Pyramid Scheme in Uganda Steals Employees’ Money and Closes

News An alleged cryptocurrency pyramid scheme in Uganda has fled after defrauding dozens of victims that invested in and worked for the scheme. Dunamiscoins Resources Limited opened in Masaka last month and started inviting individuals to invest and become part of its “digital currency network,” i..

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