How FTX made African students act on his platform

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Afrikanische Opfer sprechen über FTX, nachdem eine Vielzahl von Werbeprogrammen sie dazu verleitet hat, ihr Geld in den inzwischen nicht mehr existierenden Branchenriesen zu stecken. Ein solcher Deal war ein Ambassador-Programm, das 40 % Provisionen an Mitglieder versprach, die ihre Freunde zur Teilnahme an der Börse einluden. Afrikaner melden sich zu Wort FTX Afrika gefördert sein Ambassador-Programm Anfang August – ungefähr 3 Monate bevor die Börse die Auszahlungen der Benutzer einfror und Insolvenz anmeldete, aufgrund eines Defizits von mehreren Milliarden Dollar bei Kunden- und Investoreneinlagen. Das Programm richtete sich hauptsächlich an afrikanische Studenten, die ermutigt wurden, ihre Freunde und Klassenkameraden …
African victims talk about FTX after a large number of advertising programs have tempted them to put their money in the industry giants that are no longer available. Such a deal was an ambassador program that promised 40 % commissions to members who invited their friends to participate in the stock exchange. Africans spoke to his word FTX Africa in early August- approximately 3 months before the stock exchange, the reimbursement of the users in the user and insolvency registered due to a deficit of several billion dollars in customer and investor deposits. The program was mainly aimed at African students who were encouraged to do their friends and classmates ... (Symbolbild/KNAT)

African victims talk about FTX after a variety of advertising programs have tempted them to put their money in the now no longer existing industry giants.

Such a deal was an ambassador program that promised 40 % commissions to members who invited their friends to participate in the stock exchange.

Africans report to

ftx africa Funded His ambassador program at the beginning of August-approximately 3 months before the stock exchange registered the payments of the user and insolvency, due to a deficit of several billion dollars Customer and investor deposits.

The program was aimed mainly at African students who were encouraged to win their friends and classmates for the exchange. In the region, the platform was not only popular as a means of trading cryptos, but also to exchange local currencies in US dollars, which made FTX a de-facto bank for many.

cnbc spoken with several students involved in the program. Gabriel Trompiz said that he had contacted FTX via LinkedIn and recognized as someone who could promote the company on his college. Although he was quickly applied and ambassador, no contracts were signed and he was ultimately never paid.

In contrast, a member of the existing campus ambassador program in Africa-Fortunate Atueyi-said that he was paid, but only if he met important requirements, how to get others to act and to pay money. Atuyi often organized workshops and events related to crypto training for students.

"You expect that around 500 to 1,000 or 1,500 students will be present. So you will teach you cryptocurrencies, blockchain technology and, above all, the advantages of using FTX," he told Make from CNBC.

Imran Yahya-an FTX campus ambassador to the Bayero University-said that he had promoted the exchange in his school and community and at the same time created FTX-related content. Many who listened to him lost money on the platform.

knowledge gained

none of the three students expected FTX would collapse, with Atuyei said by leading FTX employees that the rumors about the bankruptcy of the stock exchange were only common by competing companies.

Nevertheless, the former ambassadors still have a broader trust in crypto, since they believe that the purpose of decentralization is to counter such problems.

All three lost some money, but trumpiz stored most of his crypto investments in his own crypto wallet. He plans to put his investments back on Defi by imitating many investors who turned to defi and Arrests for self-storage after the collapse of ftx.

"The only thing that the collapse of FTX taught me is that there is no company that is too big to fail," said Yahya.

Shark tank star Kevin O’Leary it was paid $ 15 million to promote ftx. To this day, he largely blames Binance to have coordinated the collapse of his competing stock exchange.

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