FBI Trains 50 Nigerian Investigators On Ways To Combat Cryptocurrency Frauds.

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International Computer Hacking & IP Attorney Advisers (ICHIP) in Addis & Abuja together with FBI organized a cryptocurrency basics webinar for more than 50 investigators & prosecutors in Nigeria on ways to combat cryptocurrency related frauds and monitor money laundering activities.

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The virtual webnair event was contained in a tweet posted via the verified Twitter account of the U.S. Department of Justice on Thursday.

The training, which was held virtually, focused on enhancing the capacity of Nigerian investigators to investigate cryptocurrency.

The webinar was a collaboration with the Federal Bureau of Investigations, the U.S. Embassy in Kenya Addis Ababa, the U.S. Embassy in Nigeria and the U.S. government on policies and programmes to combat international narcotics and crimes.

Cryptocurrencies are digital or virtual currencies such as Bitcoin and Ethereum and others, that can be used to buy goods and services.

They are also traded for profit.

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