SEC Flags Zugacoin And Samzuga GPT As Unauthorized Crypto Schemes

The Securities and Exchange Commission (SEC) has sounded an alarm over the unregulated promotion of digital tokens known as Zugacoin—marketed under aliases such as SZCB and SZCB2—and a related asset called Samzuga GPT. In an official advisory, the Commission cautioned Nigerian investors against engaging with these digital offerings, which it classified as high-risk. According to … Continue reading SEC Flags Zugacoin And Samzuga GPT As Unauthorized Crypto Schemes