The Economic and Financial Crimes Commission (EFCC) Ibadan Zonal Office has confirmed the arrest of a Bitcoin trader in Ibadan the Oyo State capital over alleged involvement in cybercrime.
The EFCC’s spokesperson, Mr Wilson Uwujaren, made this known in a statement on Friday.
He said the bitcoin trader was arrested alongside four others who were linked to the same crime.
Uwujaren noted that the five suspects whose ages ranged from 21 to 37, were picked up from two locations at Elebu area in Ibadan.
He stated that the arrest followed an intelligence by some residents over their suspicious activities.
Uwujaren said the items recovered from the suspects included two cars, laptops, phones and some documents.
He said the suspects would be charged to court as soon as the investigation was completed.