A Money Doubling Scheme Making The Rounds Unauthorized – BoG

Bank of Ghana wishes to bring to the attention of the general public, a money doubling scheme which operates under the name “BitCash Currency Exchange” and claims to have approval from Bank of Ghana is a fraud.

By this Notice Bank of Ghana wishes to inform the general public that it has not licensed such an entity or any other cryptocurrency exchange platform.

Bank of Ghana is hereby declaring its position that “BitCash Currency Exchange” is not a genuine business, and should be treated as a fraudulent scheme.

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