Grammy-winning Nigerian music icon, Burna Boy, has strongly denied any involvement with a meme cryptocurrency bearing his name, calling it a scam and warning fans to avoid falling for the fraud.
The self-proclaimed African Giant made the statement via his Instagram story, distancing himself from online promotions of a so-called “Burna” coin circulating on social media platform X (formerly Twitter).
“I don’t do any internet ‘coin’ business. I see it as fraud and I have no interest in any of that,” Burna Boy wrote. “So if you see anyone using my name for such, please disregard or report them.”
His reaction comes amid a growing trend of celebrities being linked—sometimes falsely—to cryptocurrency tokens or meme coins without their consent, often as part of fraudulent marketing strategies.
Burna Boy’s firm disavowal has sparked conversations online, with fans applauding his transparency and caution. The artist’s statement also serves as a broader warning to the public about the risks of jumping into crypto ventures promoted without verified backing.
As the use of celebrity names for crypto scams continues to rise, Burna Boy’s message underscores the need for vigilance, urging followers to verify sources before engaging in any online investment.
Security experts have also warned that scams involving meme coins or celebrity-backed crypto tokens often target younger, tech-savvy audiences looking for quick profits.
Authorities are urging social media users to report suspicious accounts and remain cautious of financial schemes claiming ties to public figures.
Burna Boy remains one of Nigeria’s most influential global music ambassadors, and his public stand against crypto fraud is already resonating across his vast fanbase.
