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Nigerian Agency Gets Nod to Freeze $330,000 in Crypto Users’ Bank Accounts Skip to main content

Nigerian Agency Gets Nod to Freeze $330,000 in Crypto Users’ Bank Accounts

Nigerian Agency Gets Nod to Freeze $330,000 in Crypto Users' Bank AccountsA Nigerian anti-corruption agency froze bank accounts (over $330,000) belonging to suspected cryptocurrency users on global platforms like Kucoin and Bybit. The agency believes these users manipulated the Nigerian currency (naira) through their trading activity. The exchanges are also accused of failing to adhere to anti-money laundering and terrorist financing regulations. Bank Account Holders Accused […]

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