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Claim: A Facebook post claims that Ibrahim Mahama launched a cryptocurrency in Ghana that makes thousands of people profit.
Verdict: False. Ibrahim Mahama has not launched cryptocurrency in Ghana. The post shared on Facebook and the website promoting the launch of cryptoexplodeAI have no link with Ibrahim Mahama. Through his aide, the business mogul debunked a similar claim in an AI-generated video linking him to cryptocurrency.
Full Text
A Facebook post claims that business mogul Ibrahim Mahama has launched a new cryptocurrency called cryptoexplodeAI. The post explains that individuals who join the trade could earn up to GHS6000 in 24 hours.
The link posted on Facebook leads to a website that details the purported cryptocurrency Mr. Mahama launched.
According to the publication, the cryptocurrency operates on artificial intelligence. Ghanaian citizens could earn GHS3,800 to start making profits up to GHS62,000 a month and up to GHS750,000 a year, even without financial experience.
The publication included a statement supposedly coming from Ibrahim Mahama.
“I understand how difficult it is for many Ghanaians— low wages, high prices, limited opportunities. That’s why we created CryptoExplodeAI— an AI-powered platform that has already changed the lives of thousands. It’s licensed, fully legal, and allows you to earn from day one,” the statement read in part.
It concluded that “these words are not just promises, but a 100% financial guarantee!”
The publication also alleged that President John Dramani Mahama had endorsed the cryptocurrency.
“Today, I confidently declare that I fully support Ibrahim Mahama’s initiative — the CryptoExplodeAI platform. It is already helping thousands nationwide earn a stable income — honestly, transparently, and legally. CryptoExplodeAI is a licensed, legal tool that opens new financial opportunities for those who previously had none,” a statement attributed to President Mahama reads.
Towards the end of the publication, a step-by-step guide is provided on registering. The form for the supposed cryptocurrency investment collected a user’s phone number and other biographical information before requesting an initial deposit of GHS 3,800.
Verification
DUBAWA attempted to fill out the form using pseudo-personal details. We noticed that the personal information requested differed from what cryptocurrency platforms require.
Credible cryptocurrency platforms usually require identity verification, which requires potential subscribers to upload their Ghana Card if they are Ghanaians. They also require facial or fingerprint verification. The absence of these verification processes raises suspicion about the authenticity of the cryptoexplodeAI platform.
When DUBAWA entered the contacts provided on the registration page on a mobile application ID, the actual caller, +441613883321, was traced to Manchester, United Kingdom, and the other contact, +27104960658, was traced to Johannesburg, South Africa.
When the provided phone numbers were run through the Truecaller app, they were associated with ‘scam’ based on data from multiple app users who have engaged with the phone numbers.
DUBAWA also found that the website cloned the appearance of graphic.com.gh, one of Ghana’s most respected news outlets, to lend an air of credibility to their operations.
Checks on Graphic.com.gh showed that they had not published any cryptocurrency-related articles.
Screenshot of the home page of Graphic Online (L) and screenshot of the cloned website (R)
Additionally, in a recent Facebook post, Rafiq Mahama, Ibrahim Mahama’s aide denied that Mr. Mahama has launched any cryptocurrency. He described such posts as AI-generated and fake.
Further search on the internet revealed similar claims involving high-profile individuals, including President Mahama.
Conclusion
From the above evidence, it is clear that the Facebook post and the website promoting the launch of cryptoexplodeAI have no link with Ibrahim Mahama. Through his aide, the business mogul debunked a similar claim in an AI-generated video linking him to cryptocurrency. The claim is, therefore, false.
