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Tag: Naira Fluctuations

EFCC Freezes N548.6 Million Belonging to Nigerian Crypto Users 

The Economic and Financial Crimes Commission (EFCC), Nigeria’s anti-corruption agency, has obtained an order from the Federal High Court to freeze N548.6 million in bank accounts that have been linked to suspected cryptocurrency users on platforms such as ByBit, KuCoin, and others, due to their alleged involvement in naira fluctuations.