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African cryptocurrency exchange Mara spends $16 million to pay salaries

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2024-07-04 05:47:14
Pan-African cryptocurrency exchange Mara lost around 16 million of the $23 million it raised from investors. After the exchange collapsed, founder and CEO ChinyereNnadi is said to have started a new entity called Jara. Nnadi believes the exchange drained the money raised by paying high salaries to attract talent.
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