West African raid involving Binance and Coinbase uncovers 11 million dollars
Authorities in Ghana and Nigeria arrested 28 people for cryptocurrency scams in a joint operation with firms like Coinbase, Binance, and Meta that identified 11 million dollars in illicit funds.
By Carlos "Emérito" López Lovera•18 oct 2026•1 min read
Key Takeaways
- Law enforcement in Ghana and Nigeria arrested 28 individuals involved in cryptocurrency investment fraud networks.
- The international operation was coordinated by the UK's National Crime Agency with support from major tech and crypto firms.
- The investigation successfully identified 11 million dollars linked to fraudulent activities in West Africa.
Law enforcement authorities in Ghana and Nigeria arrested 28 people in an international operation against scam networks specializing in cryptocurrency investment fraud in West Africa, according to the United States Department of Justice. The multilateral intervention was coordinated by the United Kingdom's National Crime Agency (NCA) and featured direct collaboration from exchange platforms.
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