Cheddar announced his intentuon to launch a crypto currency which will be known as Freedom coin.
Marketing for the crypto currency has already began. The real estate mogul also claimed that he got a $100 Million investment from a Saudi tech firm.
An event held at the Independece Square to introduce the new business of the millionaire raised eyebrows with Bank of Ghana coming in to warn against investing in the project.
The regulator in a statement claimed the currency and the company behind it did not secure any approval from the Bank.
Cheddar in a response to the Bank, advised them to concentrate on the depreciation of the Ghanaian Cedi.
Reacting to the back and forth, Omanhene Kwabena Asante described the businessman’s response to the Bank of Ghana as coming from someone who is full of himself.
Expressing his frustration, Omanhene Kwabena said Cheddar called the bluff of the Bank of Ghana with impunity.
He called on Ghanaians who will want to invest in the business to blame themselves if their money vanishes.
Watch the video below:
Omanhene Kwabena Asante blasts Freedom Coin CEO; dares him to go ahead if he’s a man #EkosiisenPosted by Asempa 94.7 FM on Friday, 11 March 2022