The Economic and Financial Crimes Commission (EFCC) has recovered over 800,000 US dollars in cryptocurrency linked to a confidence scheme. The agency also announced the recovery of funds from the Crypto Bridge Exchange (CBEX) fraud, which involved a total loss of approximately 1.3 trillion Nigerian naira. Several arrests have been made in connection with the CBEX scam. Additionally, the EFCC revealed that six Nigerian banks were targeted by sophisticated cyberattacks, resulting in the recovery of over 20 billion naira. In a separate case, three bankers and four others have been arraigned for a bank fraud amounting to 8.5 billion naira. Meanwhile, a Vietnamese individual known as the "Crypto Queen" was arrested in Bangkok after defrauding more than 2,600 victims of approximately 300 million US dollars.