Serowe man 'loses' P1m in trading

Cryptocurrency.PIC..Investopedia.com
Cryptocurrency.PIC..Investopedia.com

A 43-year-old resident of Dinokwane ward in Serowe has reported to the police, alleging a loss of P1 million in online currency trading.

The Serowe police are currently investigating the case to verify the validity of his claims. Superintendent Poloko Oteng, the station commander of Serowe police, said the man stated he began trading with online in July 2022 and had not withdrawn any money since. He informed the police that he had been depositing money into his online account since 2022.

He added that when he encountered difficulties attempting to withdraw his funds, he became concerned that he may have been a victim of theft and reported the matter to the police. "We have since launched a probe to establish the authenticity of his claims,” Oteng explained.

Editor's Comment
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

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