An Ikeja Special Offences Court, on Wednesday, sentenced a 25-year-old man, Babatunde Shittu, to one year in jail for engaging in and benefitting from $5,000 cryptocurrency fraud.
Justice Olubunmi Abike-Fadipe convicted and sentenced him after he pleaded guilty to a count charge of cryptocurrency fraud preferred against him by the Economic and Financial Crimes Commission . “He is hereby sentenced to one year imprisonment with an option to pay N500,000 fine and embark on 40 hours of community service.”
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