• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

NEWS

  • HOME
  • FORUMS
  • STORE
  • SPORTS
You are here: Home / Bitcoin News / FBI Helps to Train Nigerian Crypto Crime Investigators

FBI Helps to Train Nigerian Crypto Crime Investigators

29th August 2021 by admin

fbinigeria FBI Helps to Train Nigerian Crypto Crime Investigators

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.

fbi nigeria 300x278 FBI Helps to Train Nigerian Crypto Crime Investigators

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.

What are your thoughts on this story? Tell us what you think in the comments section below.

Tags in this story

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer

Bitcoin News

Filed Under: Bitcoin News Tagged With: Crime, Crypto, Helps, Investigators, Nigerian, Train

Reader Interactions

Primary Sidebar

Recent Posts

  • Fans Think This Is Why LE SSERAFIM’s Official Social Medias Are Not Being Updated In Kim Garam’s Absence
  • Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun
  • YG Entertainment Responds To Alleged Photo Of BTS’s V And BLACKPINK’s Jennie Together
  • How Gate․io Grew to Become One of the World’s Largest Crypto Exchanges – 9 Years Retrospective
  • “Be Mbitious” K-Pop Idols Hit Back At Criticisms From Fellow Contestants That They’re Inferior To “Real” Dancers


Copyright © 2022 · Genesis Framework · WordPress · Log in