The Economic and Financial Crimes Commission (EFCC) has declared Omotade-Sparks Amos Sewanu the founder of Inksnation and the creator of Pinkoin a wanted man over alleged crypto-currency fraud to the tune of Thirty Two million Naira ($82,000). The message placed by the anti-corruption agency on The Nations newspaper said Sewanu’s offence includes obtaining by false pretence.
According to a press release on The Nation newspaper publication dated November 11, 2020, the regulator has put out a ‘Wanted’ section that reads:
“The Public is hereby notified that Omotade-Sparks Amos Sewanu of Inksnation whose photograph appears above is wanted by the Economic and Financial Crimes Commission EFCC in a case bordering on obtaining by false pretense, names Dropping and Fraud to the tune of thirty-Two million Naira Only (32,000,000) while claiming to have floated an online digital currency called “Pinkoin.”
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