SEC warns against Tofro.com, flags crypto platform as unregistered and fraudulent
The SEC warned that Tofro.com is not registered or authorized to solicit investments from the Nigerian public. Tofro.com displays multiple red flags associated with Ponzi schemes, including promises of unusually high returns.
Biggest Risks When Buying or Selling Cryptocurrency
Cryptocurrency markets are known for high price volatility. The industry is largely unregulated, increasing the risk of scams.
