The Economic and Financial Crimes Commission (EFCC) has secured an interim forfeiture order for digital assets worth $222,729.86 linked to a cybercrime syndicate involving Chinese and Filipino nationals.
Justice Alexander Owoeye of the Federal High Court in Lagos granted the order following a motion filed by EFCC counsel Zeenat Atiku.
Investigations revealed that the syndicate operated through a Nigerian company, Genting International Co. Limited, and laundered funds via cryptocurrency transactions.
The EFCC also arraigned 58 foreign nationals on charges including cybercrime and identity theft. The case has been adjourned for trial as legal proceedings continue.
