EOCO Recovers Over $15m in Cryptocurrency Fraud Case – A-G
The Attorney General, Dr Dominic Ayine, has announced that Ghana has recovered more than $15 million from an international organised online crime network that defrauded Ghanaians through cryptocurrency schemes.
Speaking at the Government’s Accountability Series on Thursday, Dr Ayine highlighted the collaborative efforts of the Economic and Organised Crime Office (EOCO) and other investigative agencies in protecting the country’s financial interests.
“EOCO successfully used our local laws to freeze and recover virtual assets hidden in foreign jurisdictions. As a result, on November 19, 2025, Zodia Custody successfully converted the said crypto assets of the criminal enterprise and paid the same into the EOCO exhibit account in the amount of $15,191,730 and 13 cents,” he said.
He explained that the criminal network deliberately targeted Ghanaians and laundered the proceeds through digital currencies.
“As demonstrated above, the criminal enterprise targeted our citizens, defrauded them, and laundered the criminal proceeds into cryptocurrencies such as Bitcoin, USDT….”
Dr Ayine stressed that the recovered funds represent a major victory for law enforcement agencies.
“Millions of funds which were looted out of the country have been successfully returned into our motherland,” he emphasised.
The Minister announced that the victims will also be identified and paid their money.
According to him, the recovery highlights the government’s resolve to combat transnational cybercrime and strengthen enforcement in the financial and digital sectors, while reinforcing the rule of law.
