Daily Crypto News & Musings

Latest News and Articles about EFCC

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 […]

Read More

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 […]

Read More