- Seun Kuti has linked the cryptocurrency investment scheme to a scam as he angrily spoke against it in a viral video
- The Afrobeat singer shared how his sister lost over N50 million to cryptocurrency despite warning her
- Seun Kuti’s comment about the cryptocurrency has since stirred up controversy, with Nigerians sharing diverse opinions
Afrobeat singer Seun Kuti in a viral video shared how his sister allegedly lost over N50 million in a cryptocurrency investment scheme.
Seun Kuti, in a viral video on X (formerly Twitter), angrily condemned cryptocurrency, claiming it was a scam.
Seun Kuti condemns Cryptocurrency.
Credit: bigbirdkutiSource: Instagram
The singer knocked cryptocurrency promoters, calling them “criminals” who exploit vulnerable Africans, especially the poor.
“Crypto is a lie. You people are criminals trying to steal from poor people. It’s nothing but a wealth transfer from the poorest to the richest, just like gambling,” Seun Kuti said.
“You all promote it, you push it, but it’s all about wealth transfer. You’re all part of this plan to shift wealth from the poor to the pockets of the rich. There’s no freedom in crypto. More Africans have lost money to this than those who have made a profit from it,” he added.
Seun Kuti also shared how his sister lost more than N50 million in cryptocurrency despite warning her.
“You know how much my sister has lost to crypto. I’ve been warning her, but she didn’t listen. I can’t even tell you how much I’ve lost—over N50 million. My sister, my own blood sister—this is how many Nigerians have lost millions.” he said.
Watch Seun Kuti’s video as he speaks against Cryptocurrency, shares how his sister lost over N50 million below:
In related news, Seun Kuti slammed Africans who relocated abroad over living conditions
Reactions as Seun Kuti speaks against Cryptocurrency
The video has since stirred mixed reactions, with netizens voicing their concerns about cryptocurrency and its risks. Read the comments TheTalk.NG compiled below:
ChuchoMaine:
“Let me introduce your sister to Sportybet.”
connectwithtola:
“You mean she dumped N50M on something she has no idea of or she bought a random memecoin with little capital, skyrocketed to N50M but later went down? It’s easy to make these bold claims but please, back it up with evidences. regards.”
PrettyMfon said:
“I can imagine his pain. Before you do crypto, make sure you understand it well.”
majorlouwe:
“Your sister just hear crypto she rush enter am she be mumu.”
Chieforacle11:
“It’s not by force Oga , you must not invest in crypto,if e no work for your sis ,no mean say e no go work for me.”
uchecrypt:
“Your sister lost 50m and you are shouting like this. I wonder what some of us in Crypto will say.”
What Seun Kuti said about Speed Darlington
TheTalk.NG previously reported that the singer stirred confusion as he made claims about Speed Darlington’s fame.
Seun alleged how the controversial rapper became popular after an encounter with embattled American rapper Diddy.
This revelation came after netizens asked him to weigh in on the fight between Burna Boy and the Nigerian rapper.
Source: TheTalk.NG
