FSCA flags ‘EFX Trades’-style social media crypto scams as SA tops global fraud charts

A daily lion’s-eye view of Bitcoin for South Africa — original take, not recycled news. 08 September 2026.

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FSCA flags ‘EFX Trades’-style social media crypto scams as SA tops global fraud charts

New to Bitcoin? Here’s the plain-language version before you risk a single rand.

SA ranks top of global fraud charts — treat any crypto ‘investment’ pitched on social media as a scam until it is FSCA-checked

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