The Attorney-General, Dr Dominic Ayine, has announced that Ghana has recovered more than $15 million from an international organised online crime network that defrauded Ghanaians through cryptocurrency investment schemes.
Speaking at the Government Accountability Series on Thursday, Dr Ayine said the recovery was made possible through the efforts of the Economic and Organised Crime Office (EOCO), working in collaboration with other investigative agencies. He noted that the operation demonstrated the effective use of Ghana’s laws to trace, freeze, and recover digital assets hidden in foreign jurisdictions.
According to the Attorney-General, on November 19, 2025, crypto custody firm Zodia Custody converted the seized virtual assets and transferred a total of $15,191,730.13 into EOCO’s exhibit account.
Dr Ayine explained that the criminal syndicate deliberately targeted Ghanaians, defrauded them, and laundered the proceeds through cryptocurrencies such as Bitcoin and USDT. He described the recovery as a major success for law enforcement, stressing that millions of dollars illegally taken out of the country had now been returned.
He further announced that efforts are underway to identify victims of the fraud and ensure they are compensated. The Attorney-General said the recovery underscores the government’s commitment to tackling transnational cybercrime, strengthening financial and digital sector enforcement, and upholding the rule of law.