Bitter Truth About SIBAN

A self accliamed regulatory body called SIBAN who claimed to be duly registered in Nigeria with the mission of growing the cryptocurrency and blockchain industry in Nigeria by providing regulating guides to projects and helping blockchain firms and projects in the Country is found to be the highest lair in this 21st century.


Our reporters who investigated SIBAN activities in recent time found that the association is not duly registered as clamied. It translates that SIBAN attack on InksnationDAO owned by Mr Omotade Spark Amos is born out of jealousy and envy.


As at the time of this report, it is on record that because of Inksnation, SIBAN is doing everything humanly possible to register the association having seen that inksnation is a success, neither could their propaganda stop inksnation.


Recall that few months ago, Siban debunked inksnation, saying that inksnation is not thier registered member. Below was statement from SiBAN;
“It has come to the notice of SiBAN that a certain platform or group which is called or known as Inksnation is out on social media claiming that it is registered with SiBAN having paid to SiBAN the required fee for membership application. We have a responsibility to refute this claim and clarify any misapprehension.
From our records, we hereby state categorically that Inksnation is not registered with SIBAN in ANY way. For emphasis, Inksnation is not a member of SiBAN.”

Nigerians are advised not to take SiBAN’s story on inksnation DAO seriously since the story is baseless.

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