The Attorney-General and Minister for Justice, Dr Dominic Ayine, has announced that Ghana has successfully recovered over $15 million from an international organised crime network involved in cryptocurrency fraud targeting Ghanaians.
Dr Ayine made the disclosure during the Government’s Accountability Series on Thursday, December 18, 2025, praising the collaborative efforts of the Economic and Organised Crime Office (EOCO) and other investigative agencies in safeguarding 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 revealed.
The Attorney-General explained that the syndicate deliberately targeted Ghanaian citizens, defrauding them and laundering 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 stated.
He described the recovery as a significant victory for Ghana’s law enforcement agencies, noting that millions of dollars looted from the country have now been repatriated.
“Millions of funds which were looted out of the country have been successfully returned into our motherland,” he emphasised.
Dr Ayine further announced that efforts are underway to identify the victims and ensure they receive their monies.
The recovery, he said, underscores the government’s commitment to combating transnational cybercrime, enhancing enforcement in the financial and digital sectors, and upholding the rule of law.