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Nigerian man plots $2.5 million cryptocurrency romance scam

Nigerian man plots $2.5 million cryptocurrency romance scam

CointimeCointime2025/04/12 08:55
By:Cointime

April 12th news, according to News.bitcoin, the US Department of Justice (DOJ) announced on April 9th that a Nigerian man in Massachusetts has been charged with orchestrating a sophisticated romance scam, defrauding over $2.5 million and transferring these funds to his secretly managed cryptocurrency account. According to prosecutors, the man created false online identities from 2016 to 2019, establishing fake romantic relationships with victims across the United States. The man is currently facing up to 40 years in prison.

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