Crypto project used Kenya’s ex-prime minister to promote token in deepfake scandal
- Raila Odinga's X account promoted the Kenya Token ($KENYA) before the post was deleted.
- The promotion claimed Kenya would lead Africa's crypto revolution, but critics suggest the post was fabricated.
- The Kenya Token project has been labeled a scam due to its lack of planning and history.
The rapid emergence of cryptocurrencies in Kenya, particularly with the dubious promotion of the Kenya Token, raises serious concerns about the integrity of such projects and the potential for scams. The lack of regulatory oversight and the exploitation of public figures for credibility highlight the urgent need for stricter regulations and consumer protection measures in the crypto space.
