African cryptocurrency exchange Mara spends $16 million on wages
By:Cointime
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.
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