[Nigeria's Sudden Raid on Cryptocurrency Fraud Den, Nearly 800 Suspects Arrested Including Citizens from Multiple Countries] Golden Finance reports, according to Reuters, that the Economic and Financial Crimes Commission (EFCC) of Nigeria conducted a raid on a cryptocurrency fraud center in Lagos on December 10, arresting 792 suspects, including 148 Chinese citizens and 40 Filipino citizens. The organization primarily targeted users in North America and Europe with pig-butchering scams. Once victims were hooked, they were forced to transfer funds for fake cryptocurrency schemes and other non-existent projects.