RATE Group | Police log 4,000 complaints against cryptocurrency firm
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Police log 4,000 complaints against cryptocurrency firm

08 Jan Police log 4,000 complaints against cryptocurrency firm

Posted at 04:58h in Cryptocurrency News by

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Dunamiscoins Resources Limited offices in Masaka

Dunamiscoins Resources Limited offices in Masaka

After its surprise collapse in December, state prosecutors say they have logged over 4,000 complaints against Dunamiscoins Resources Limited, a once bustling downtown digital cryptocurrency scheme.

Samson Lwanga, 37, and Mary Nabunya, 53, both directors of the collapsed Dunamiscoins Resources Limited, appeared before the Law Development Centre court on Monday and were charged with 65 counts tied to obtaining money by false pretense.

The two are accused of recruiting hundreds of people into their sham digital cryptocurrency scheme. Senior Grade One Magistrate Roselyn Nsenge read the 65 counts related to obtaining money by false pretense and conspiracy to commit a felony.


Prosecution told court that between…

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