Kansas Recovers $30K from Nigerian Crypto Scammer

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Sep 6, 2024 12:09

In a pioneering case, Kansas Attorney General Kris Kobach managed to pull off a digital wallet of a Nigerian scammer and get more than $30,000 in forfeited funds. The impersonation aimed at a Kansas resident in a pyramid style of fraud in the offer for investment in cryptocurrencies by Bimbo Toyin Akinyemi. In a KCPA suit instituted against Akinyemi, the defendant was forced to make the full restitution of the losses that resulted from the credit card scheme. This recovery is one of Kansas’ few successful efforts to counter global crypto scams, with help from the FBI and the Department of Justice. Now the money shall be paid back to the victim.