Company Name checked against 1 community report on ScamBusterKE
Company Name
Safaricoin
40
Concern Score
Moderate Concern
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1
Total Reports
1
Verified
Ksh 25,000
Total Lost
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company
SafaricoinSafaricoin was marketed as Kenya's own cryptocurrency that would rival Bitcoin. Promoters sold tokens to Kenyans promising massive returns. The token had no real blockchain technology and was a classic exit scam. Investors lost their deposits when promoters disappeared.
Reported 10 Feb 2026