By Adedapo Adesanya The Economic and Financial Crimes Commission (EFCC) is intensifying fights against those it believes are manipulating the foreign exchange (FX) market through cryptocurrency exchange platforms. The EFCC Chairman, Mr Ola Olukoyede, said on Tuesday that the anti-graft agency has discovered another scheme other than the crypto trading platform, Binance, and its system. He said the commission has frozen about 300 accounts to ensure the safety of the forex market. He called the scheme the “P2P (peer-to-peer) financial trading scheme”, which he said operated outside the official banking and financial corridors, saying if this system is allowed to
EFCC to Clampdown on Peer-to-Peer FX Traders
