Attorney General and Minister for Justice, Dr. Dominic Ayine, has disclosed that Ghana has successfully retrieved over 15 million dollars from an international cybercrime syndicate that defrauded Ghanaian victims through sophisticated cryptocurrency investment scams.
Dr. Ayine made the announcement while addressing the public at the government’s Accountability Series on Thursday, where he commended the Economic and Organised Crime Office (EOCO) and collaborating investigative bodies for their diligence in safeguarding the country’s financial system.
According to the Attorney General, Ghanaian authorities were able to rely on domestic legal frameworks to trace, freeze, and recover digital assets that had been concealed in foreign jurisdictions. He revealed that on November 19, 2025, global digital asset custodian Zodia Custody successfully liquidated the seized cryptocurrency holdings linked to the criminal network and transferred the proceeds into EOCO’s official exhibit account.
The total amount recovered, he said, stood at $15,191,730.13, marking one of the most significant asset recoveries involving virtual currencies in Ghana’s history.
Dr. Ayine explained that investigations showed the syndicate deliberately preyed on Ghanaian citizens, exploiting digital platforms to carry out fraudulent schemes and then laundering the stolen funds through cryptocurrencies such as Bitcoin and USDT to obscure their origin and evade detection.
He described the recovery as a major breakthrough for Ghana’s law enforcement agencies, noting that substantial sums that had been siphoned out of the country through criminal activity have now been successfully repatriated.
“Funds amounting to several millions of dollars, which were unlawfully taken out of Ghana, have now been returned to our country,” he stated.
The Attorney General further assured the public that steps are underway to identify victims of the scam and ensure that affected individuals are duly compensated from the recovered funds. He added that the successful operation demonstrates the government’s resolve to confront transnational cybercrime, strengthen enforcement within the financial and digital ecosystems, and uphold accountability under the rule of law.
Dr. Ayine noted that the outcome sends a strong signal to criminal networks that Ghana possesses both the legal capacity and institutional strength to pursue and recover illicit assets, regardless of where they are hidden globally.
