UAE Requests Investigation Into Cardi B’s WAP Meme Coin

The Securities and Commodities Authority of the United Arab Emirates has launched an investigation into alleged securities violations involving the cryptocurrency $WAP, a Solana blockchain-based token heavily promoted by high-profile celebrities like Cardi B. The probe came in the wake of a formal complaint from a prominent Dubai-based VC firm and local Emirati investors. It The post UAE Requests Investigation Into Cardi B’s WAP Meme Coin appeared first on CoinGape .

Source: CoinGape