NIGERIA ONLINE FBI Helps to Train Nigerian Crypto Crime Investigators 2 months ago Samuel Post Views: 141 The United States government through the FBI recently helped to run a training exercise whose goal is to enhance the capacity of Nigerian cryptocurrency crime investigators, the U.S. Mission Nigeria (USMN) has said. The exercise saw over 50 Nigerian investigators and prosecutors participate. Understanding the Trends In its August 25 tweet, the USMN reveals that the training exercise was held in conjunction with the International Computer Hacking & IP Attorney Advisers (ICHIP) of Addis & Abuja. The mission also explained what the investigators learned from the exercise. “Trainers shared patterns and trends in criminal use of cryptocurrency and described the various ways in which criminal enterprises use cryptocurrency,” – explained the U.S. Mission Nigeria in the tweet. This collaboration between the FBI and Nigeria comes as the latter continues to grapple with the numerous incidences of crypto-related crimes. Although Nigeria has had successes in tackling some crypto fraud cases or apprehending masterminds like Omotade-Sparks Amos Sewanu of the infamous Inksnation crypto Ponzi scheme. However, many cryptocurrency-related crimes in that country remained unresolved. High Number of Crypto Fraud Cases The high number of crypto fraud cases in Nigeria has in the past prompted bodies like the Nigeria Securities and Exchange Commission to issue public warnings or advisories that discouraged crypto-related activities. However, despite these warnings or the restrictions imposed by the central bank, Nigerian interest and use of cryptocurrencies continue to grow. However, following the training exercise, officials now hope to turn the screws against criminals that have hitherto made Nigeria a safe haven for crypto fraudsters. Source: news.bitcoin.com SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: bitcoin, FBI, Nigeria Continue Reading Previous Wazdan makes Belarus debut with GG.byNext National Lottery Act 2005 inconsistent with Nigeria’s constitution More Stories GAMES ONLINE Pragmatic Play’s new slot ‘Day of Dead’ 7 hours ago Samuel BETTING NIGERIA The Worst Problems When Using An Android Betting App In Nigeria 9 hours ago Szarlot ONLINE WORLD NEWS Kiron Interactive goes live with Parimatch 3 days ago Szarlot GAMES ONLINE Yggdrasil releases new online slot Savana Roar 3 days ago Iwo Bulski HOT NEWS KENYA ONLINE $1bn Digital Transformation Project Key to Africa’s Online Gaming Industry 3 days ago Adeleye Awakan ONLINE SOUTH AFRICA The Rise of iGaming in Africa 4 days ago Iwo Bulski ONLINE WORLD NEWS Pronet Gaming adds proprietary Popular Bets & Events module to its platform 5 days ago Szarlot ONLINE WORLD NEWS TVBET has got a record number of nominations for it at SBC Awards 2021 5 days ago Szarlot GAMES ONLINE Sizzling Bells Hold the Jackpot by Wazdan 6 days ago Szarlot ONLINE It is only month for SBEA & SBWA 6 days ago Iwo Bulski NIGERIA ONLINE Africa may become the new gaming hub 6 days ago Iwo Bulski NIGERIA ONLINE Nigerian payment space, one of the most dynamic in the world 1 week ago Szarlot Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.