cryptocurrecy operators who now pose great danger to law enforcement agencies in the fight against corruption.
Owasanoye who described virtual currencies as a major threat to the anti-graft investigators in the country explained that it is now being used as a leverage for terrorists financing and sundry criminal activities. “Cryptocurrencies guarantee similar anonymity and can easily be used as leverage for terrorist financing and other crimes. With the NIN registration, Cryptocurrency has become an alternative payment platform for kidnappers and this would be impossible for law enforcement agencies to trace,” he said.
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