Ghana has successfully recovered over $15 million from a global online crime syndicate that used cryptocurrency platforms to defraud citizens, according to Attorney-General and Minister for Justice, Dr. Dominic Ayine.
Speaking at the Government’s Accountability Series on Thursday, December 18, 2025, Dr. Ayine revealed that the recovery followed a thorough investigation led by the Economic and Organised Crime Office (EOCO), in collaboration with various state agencies.
Dr. Ayine explained that investigators employed Ghana's existing legal frameworks to trace, freeze, and recover the digital assets hidden across international jurisdictions. He highlighted that on November 19, 2025, Zodia Custody successfully converted the seized crypto assets and transferred a total of $15,191,730.13 into EOCO’s exhibit account.
The criminal syndicate, he said, had specifically targeted Ghanaians, laundering the illicit proceeds through popular cryptocurrencies such as Bitcoin and USDT (Tether).
Dr. Ayine described the successful operation as a major victory in the fight against transnational cybercrime, underscoring the government’s commitment to strengthening oversight in the digital financial sector. He also mentioned that efforts are currently underway to identify the victims of the fraud and refund the recovered funds.
The Attorney-General further emphasized that the operation reflected Ghana's dedication to upholding the rule of law and combating emerging threats in the digital financial space.
Source: MyNewsGh.com
0 Comments