Akon City and Akoin show "many of the trademark characteristics of fraudulent business ventures such as Ponzi schemes and pyramid schemes," according to an affidavit. Hussein Bakri/BAD Consultant/Sem ...

Akon still believes in the prospects of African investment, as he laid out in an interview on the Revolt podcast, Assets Over Liabilities. According to Yahoo, Akon implored Black people to pool ...

Devyne Stephens’ legal teams cites a federal agent to support their allegations that the singer is shady. Devyne Stephens claims that he is owed millions from the “Locked Up” singer and believes that ...

The Senegalese-American musician and millionaire Akon is still moving forward with his quixotic quest to build a city named - yes - “Akon City” in Senegal that will run on a cryptocurrency named ...

At the 2018 Cannes Lion Festival, Akon stated that his cryptocurrency, Akoin, would bring freedom back to Africa. In a way, it brings financial security decentralization away from governments. However ...

Touted as a high-tech utopia powered by renewable energy and bankrolled by its own cryptocurrency, Akon City was ambitious as it was daring. Designed with curvy skyscrapers and sleek modern ...

Five years after Grammy-nominated artist Akon announced his ambitious plans to construct a futuristic, cryptocurrency-powered city in Senegal, the project has officially been scrapped. What was once ...

Akon’s plans for a multibillion-dollar city development on Senegal’s Atlantic Coast has been scrapped. According to Bloomberg, the West African country has instead opted for a scaled-back project that ...