Daily Crypto News & Musings

Latest News and Articles about EFCC

Nigeria’s EFCC Hunts CBEX Victims in $1 Billion Crypto Scam Crackdown

Nigeria’s EFCC Seeks CBEX Scam Victims in $1 Billion Crypto Fraud Probe Nigeria’s Economic and Financial Crimes Commission (EFCC) is ramping up its fight against a massive cryptocurrency scam, calling on victims of the Crypto Bridge Exchange (CBEX) to aid in an ongoing investigation. This fraudulent platform allegedly duped investors out of over $1 billion […]

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Seven Chinese Nationals Jailed in Nigeria for Cyberterrorism and Crypto Fraud

Seven Chinese Nationals Jailed in Nigeria for Cyberterrorism and Crypto Fraud A significant crackdown on international cybercrime unfolded in Lagos, Nigeria, as a federal high court sentenced seven Chinese nationals to prison for orchestrating a sophisticated network of internet fraud and cyberterrorism. Tied to romance scams and fraudulent cryptocurrency schemes, this case lays bare the […]

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Nigeria Strikes Back: 800 Arrested in Massive “Pig Butchering” Crypto Scam Bust

Unmasking the “Pig Butchering” Crypto Scam in Nigeria Nigerian authorities have delivered a powerful blow to cybercrime networks, arresting nearly 800 individuals involved in a sophisticated “pig butchering” cryptocurrency scam. Spearheaded by the Economic and Financial Crimes Commission (EFCC), this operation targeted a nerve center in Lagos where foreign nationals and local accomplices devised intricate […]

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