Tag: #Naira

Nigerian Authorities Freeze Crypto Traders' Bank Accounts Amid Currency Crisis

In a decisive action taken by Nigeria’s Economic and Financial Crimes Commission (EFCC), over $330,000 in bank accounts linked to cryptocurrency traders have been frozen. These traders are accused of manipulating the Nigerian naira through unauthorized foreign exchange trading on platforms such as Kucoin and Bybit. The EFCC’s move underscores a growing concern regarding the […]

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