Alleged Crypto Fraud: Court grants man N500 million bail in AUD$8.4m, US$3.6m case

NAIRAMETRICS | 26-08-2026 06:15pm |

The Federal High Court in Abuja has granted bail to Usie Otukpa Osang in the sum of N500 million in connection with an alleged cryptocurrency fraud case. The case, brought by the Economic and Financial Crimes Commission (EFCC), involves amounts of AUD$8,427,330.83 and US$3,639,462.00. The court's decision was delivered on Wednesday.

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