Digital Money
Trial Date Set for 19-Year Old Accused of Using SIM Swaps to Steal $800,000 in Cryptocurrency
Noah Urban of Florida, USA, must remain in jail pending his trial.
Indian Central Bank Looks at Alternatives to SMS OTPs for Authenticating Payments
Governor Shaktikanta Das of the Reserve Bank of India also wants digital currency to work offline, but his plan means issuers could place programmable limits on what money can buy.
10 Arrested In Kenya’s Capital of Mobile Money SIM Swap Crime
Police found exercise books full of phone numbers and limits for taking out mobile money loans in the names of victims.
Big Bitcoin Spike after Phone Hackers Hijack SEC Social Media Account
The US Securities and Exchange Commission did not implement two-factor authentication for their official X account.
Rethinking Digital Financial Services
An interview with Kevin Mutiso, Chairman of the Digital Financial Services Association of Kenya.
Digital Lenders Using Mobile Apps to Invade Privacy and Humiliate Customers
Money lenders extract data about each customer's contacts, then spam the contacts if debts are not repaid on time.
Notorious Mobile Money SIM Swap Fraudster Arrested in the Act
Emmanuel Kiprono and his gang target Kenyans with large M-PESA balances.
SIM Swap Social Engineering of T-Mobile Staff Blamed for $691,000 NFT Heist
Ethereum co-founder Vitalik Buterin blamed the US mobile operator for enabling a scam that targeted his social media followers.
3-Year Prison Sentence for SIM Swapper Who Stole Cryptocurrency Worth $20mn
Anthony Faulk also forfeited a million-dollar home, JP Morgan accounts holding millions, luxury cars and fancy jewelry.
Kenyans Borrow $5bn a Year via Mobile Money Overdrafts
The financial accounts of Safaricom state that lending through their Fuliza microlending service rose 40 percent year-on-year.
Politician Says Safaricom Insider to Blame for SIM Swap Mobile Money Fraud
Somebody sent SMS and Whatsapp messages from the account of former Kenyan Deputy President candidate Justina Wamae.
Has M-PESA Led to Half of All Kenyans Suffering SIM Swap Fraud?
No, but it is important to examine the prejudices that lead crime statistics to be amplified and exaggerated.