coin-img-ETHETH+0.62%coin-img-BTCBTC-0.21%coin-img-UCNUCN+0.64%coin-img-SOLSOL-0.02%coin-img-HYPEHYPE+3.54%coin-img-XRPXRP-0.82%coin-img-USDCUSDC+0.00%coin-img-ADAADA-0.64%coin-img-ETHETH+0.62%coin-img-BTCBTC-0.21%coin-img-UCNUCN+0.64%coin-img-SOLSOL-0.02%coin-img-HYPEHYPE+3.54%coin-img-XRPXRP-0.82%coin-img-USDCUSDC+0.00%coin-img-ADAADA-0.64%coin-img-ETHETH+0.62%coin-img-BTCBTC-0.21%coin-img-UCNUCN+0.64%coin-img-SOLSOL-0.02%coin-img-HYPEHYPE+3.54%coin-img-XRPXRP-0.82%coin-img-USDCUSDC+0.00%coin-img-ADAADA-0.64%coin-img-ETHETH+0.62%coin-img-BTCBTC-0.21%coin-img-UCNUCN+0.64%coin-img-SOLSOL-0.02%coin-img-HYPEHYPE+3.54%coin-img-XRPXRP-0.82%coin-img-USDCUSDC+0.00%coin-img-ADAADA-0.64%
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Florence Muchai

Kenya DCI creates specialised unit to tackle KES5.6 billion crypto fraud losses in 2024

Kenya's Directorate of Criminal Investigations has set up a specialised unit to investigate cryptocurrency fraud after local investors reportedly lost up to KES5.6 billion ($43.3 million) in 2024. Authorities say crypto-related cybercrime losses rose 73% year on year, while Kenya's parliament has moved ahead with a Virtual Asset Service Provider Bill and new blockchain investigation training to strengthen oversight and enforcement.
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