Controversial Afrobeat singer, Seun Kuti has described Cryptocurrency as a scam.
The “Black Times” singer, added that it is nothing but a scheme to transfer wealth from the poor to the rich.
The son of late Afrobeat maestro, Fela Kuti revealed this during a live Instagram program.
He added that his blood sister who he warned lost N50 million in a Crypto investment.
“Crypto is a fu*king lie, Mayor for you. You people are criminals trying to steal from poor people. Crypto is nothing but web transfer, from the poorest to the richest, just like gambling that you all promote and push. It’s all web transfer.
“You are all part of this ignominious plan to transfer wealth from the poorest people into the pocket of richest. There is no freedom in this sh*t, more Africans have lost money than make money from it.”
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