Nigeria Court Orders Arrest in $620K Crypto Fraud Case

Nigeria Court Orders Arrest in $620K Crypto Fraud Case
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A Nigerian court has authorized the arrest of six individuals accused of defrauding investors through the Crypto Bridge Exchange. The suspects allegedly lured victims into investing $620,000 before disappearing with the funds. This case highlights Nigeria’s ongoing crackdown on crypto-related fraud.

  • Six individuals accused of defrauding investors via Crypto Bridge Exchange (CBEX), with losses totaling $620,000.
  • Nigerian authorities continue crackdown on crypto fraud, following earlier arrests of binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance executives.
  • Investors resorted to violent protests after being unable to withdraw funds from CBEX.
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