The Nigerian EFCC dismantled a cryptocurrency scam gang and arrested 53 suspects involved

ChainCatcher news, according to CryptoDnes, the Economic and Financial Crimes Commission (EFCC) of Nigeria has dismantled a cryptocurrency scam gang, arresting 53 individuals suspected of cyber crimes, including identity theft and fraud.

Currently, authorities have recovered approximately $200,000 in assets, but investigations indicate that deposits related to the operation could be as high as $3 million.