Feb 11, 2025 · The Central African Republic’s presidential CAR memecoin promised unity and development — but then came phishing links, AI scrutiny and a market cap collapse. 2340 Total views 2 Total shares

Feb 11, 2025 · Central African Republic President Faustin-Archange Touadéra has launched a meme-coin in a bid to raise the profile of the country, which is one of the world's poorest.

Recent Hacks Add to Concerns. The crypto space has seen a wave of high-profile social media hacks used to promote fraudulent memecoins. Recently, scammers hijacked the X accounts of former Malaysian Prime Minister Mahathir Mohamad and Solana DEX aggregator Jupiter to push pump-and-dump schemes.

Feb 10, 2025 · The Central African Republic’s president announced a national memecoin on Feb. 9. Deepfake detection tools flagged the video as suspicious, sparking skepticism. The launch comes as Western nations consider adding Bitcoin to their reserves.

Recent Hacks Add to Concerns. The crypto space has seen a wave of high-profile social media hacks used to promote fraudulent memecoins. Recently, scammers hijacked the X accounts of former Malaysian Prime Minister Mahathir Mohamad and Solana DEX aggregator Jupiter to push pump-and-dump schemes.

Feb 10, 2025 · The Central African Republic (CAR) has introduced a meme coin to boost its global profile. CAR made history as the first African nation to adopt Bitcoin as legal tender three years ago....

Feb 10, 2025 · The Central African Republic (CAR) has embarked on a nationwide cryptocurrency experiment. President Faustin-Archange Touadera announced the launch of a memecoin called $CAR, aiming to assess whether the global memecoin frenzy can help improve the country's financial standing.

Feb 10, 2025 · At least two deepfake AI detectors have flagged the Central African Republic President’s video announcing their newly launched memecoin as suspicious, as the token reached a $530 million market...

Feb 10, 2025 · The Central African Republic memecoin announcement — posted from the X account of the president, complete with a gray checkmark reserved for government entities — has sparked responses from ...

Feb 10, 2025 · BANGUI (Reuters) - Central African Republic has launched a meme coin in what President Faustin-Archange Touadera said was a bid to raise the profile of one of the world's poorest countries.