The Director of Global Coin Community Help, a cryptocurrency agency in Ghana, Kwaku Damete-Kumi has dismissed claims that the company is having a run-in with the Economic and Organised Crime Office (EOCO) and the Criminal Investigation Department (CID).

The Daily Graphic on Tuesday, November 27 reported that the two anti-crime bodies were on a manhunt for the directors and operators of a cryptocurrency syndicate who have allegedly swindled more than 3,000 people of their deposits.

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However, in an interview on Asempa FM’s Ekosii Sen show, Mr Damete-Kumi wh is one of the persons allegedly being sought after by the angencies said there has not been any situation where the EOCO invaded their premises to look for them.

“The EOCO knows where they can find us so I don’t understand why this publication came out. Moreover, we called their office today and they denied knowledge of the publication in the Daily Graphic,” he said.

“We are yet to call Daily Graphic to know the source of their information but if there is no accurate response, we will file a suit against them,” he added.

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Mr Damete-Kumi explained that crypto-currency wasn’t fraud but a legal activity through which a lot of people have benefitted even though it may not have a legal framework within which it operates in Ghana.

“The company has been registered for a year now to educate people about crypto-currency which a lot of people don’t understand and see as fraud, so we wanted to train people on how to trade and buy. As at now, we have about 50,000 people learning and making money to change their lives,” he said..

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The cryptocurrency trade is gaining popularity in Ghana with many people investing in the trade.