×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

How Kenyans lost millions in Bitcoin pyramid scheme

[PHOTO: COURTESY]

Kenyan Bitcoin investors have fallen prey to a Brazilian pyramid scheme which has gone down with millions of shillings they had invested in it.

The company known as Velox 10 launched operations in Kenya on September 20, 2017 and was run by a Brazilian international known as Ricardo Rocha.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in