Nigeria EFCC charges 53 individuals, 40 of them Chinese nationals in a crackdown on a multinational cybercrime ring linked to Ponzi schemes, crypto fraud, and cyber-terrorism

Authorities have also temporarily seized digital assets worth $222,729, which they claim are proceeds from unlawful activities. According to the EFCC, these assets will be permanently forfeited to the Nigerian government unless challenged by any interested party within 14 days of the court order’s publication in a national newspaper…