×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

Crypto assets gather steam despite market jitters

The adoption of crypto assets is surging in Africa. [iStockphoto]

Earlier this month, FTX founder Sam Bankman-Fried was found guilty of looting more than Sh120 billion from users on the firm's cryptocurrency exchanges in one of the biggest financial scandals in recent history.

The scandal came to light with the implosion of crypto-currency exchange FTX that filed for bankruptcy in November last year, sending shock-waves throughout the volatile sector.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Football
AFC Leopards end Mashemeji Derby drought with 1-0 win over Gor Mahia
By AFP 4 hrs ago
Sports
What next for Salah and Liverpool after explosive outburst?
By AFP 6 hrs ago
Sports
Tearful Norris completes 'long journey' to become F1 world champion
Football
Mashemeji Derby: Gor Mahia seek to regain lead