- In response to concerns regarding the recently minted digital meme coin $DAVIDO, the SEC has taken action
- This occurred after some people who put money into it were supposedly experiencing losses
- The commission warned the public to trade the coin at their own risk and stated that it lacked fundamental values
Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.
The Securities and Exchange Commission has reacted to concerns about the recently launched cryptocurrency meme coin $DAVIDO, allegedly linked to the popular Nigerian singer David Adedeji Adeleke, AKA Davido.