×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Crypto assets gather steam despite market jitters

Vocalize Pre-Player Loader

Audio By Vocalize

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.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Sports
Vuvuzelas, church vows and pilgrimages: The beautiful madness of Arsenal fanaticism in Kenya
Football
Harambee Stars midfielder Manzur Okwaro gets grand welcome at former high school
Rugby
Impressive Shujaa narrowly lose to Australia in Valladolid 7s opener
By AFP 1 day ago
Football
When a friend becomes a foe