He was charged by the Economic and Financial Crimes Commission (EFCC) before Jikwoyi’s FCT High Court’s Judge Mohammed Zubair.
According to the one-count cheating by impersonation charge, Moses set up a phony investment website in December 2021.
He acquired 0.11088059 bitcoin from Australian Adam Murah while pretending to be the CEO of Crypto Infinite Trading.
According to Section 324 of the same Act, the offense violated Section 321 of the Criminal Code Act, LFN, 2004.
Moses admitted his guilt, and the judge gave him a one-year prison term with the option of an N300,000 fine.
The Australian High Commission in Nigeria must pay the victim the $5,576 that was recovered, according to a court order.
After Murad’s appeal, the prisoner was taken into custody on May 28, 2022, after falling for a bitcoin investment fraud.
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