Michael Machimbo
About
The second individual implicated in the money-laundering investigation, with significant funds frozen by authorities.
News published about Michael Machimbo
AllTrendingAgriTechArtificial Intelligence (AI)CleanTechCryptoE-commerceEdTechWomen in techMore categories
The Sh115 Million Crypto Freeze That Shows Kenya’s New AML Rules in Action
TechTrendsKE - Jul 23, 2026
Authorities froze Sh115 million linked to Glory Kithure and Michael Machimbo as part of a money-laundering investigation. The investigation revealed fund flows through international remittance platforms and multiple intermediaries.
Michael MachimboBinanceFinancial Reporting Centre (FRC)Assets Recovery Agency (ARA)Glory Kithure
Comment
✨

Hadu Sherpa NEW

Your personalized Africa tech guide

Hand-picked news, events, startups, and people curated specifically for your interests — delivered to your inbox and available anytime.
Learn more

Join Discussions

Leverage the Hadu community to get answers and advice for your most pressing questions about Africa Tech.