African cryptocurrency exchange Mara spends $16 million on wages
Mara, a pan-African cryptocurrency exchange, lost about $16 million out of the $23 million raised from investors. It is said that after the exchange collapsed, founder and CEO Chinyere Nnadi established a new entity called Jara. Nnadi believes that the exchange exhausted its raised funds by attracting talent through high salaries.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget CFD Championship (phase 19): Four reward pools, 75,000 USDT to share
Bitget to Adjust CFD Leverage During Special Trading Periods in the Fourth Week of October 2026
Upgraded App copy trading experience
Axis Robotics (AXIS) to be listed on Bitget Launchpool — Grab a share of 1,333,333 AXIS
Crypto prices
More
