Kenya Sets up Specialised Unit to Tackle Digital-Asset Crime as Annual Losses Exceed $43mn

Kenya sets up specialised unit to tackle digital-asset crime as annual losses exceed $43mn

Kenya’s Directorate of Criminal Investigations (DCI) has established a specialised unit to investigate cryptocurrency-related offences, after local ...

Kenya Forms Special Unit to Crack Down on Crypto Fraud

The post Kenya Forms Special Unit to Crack Down on Crypto Fraud appeared on BitcoinEthereumNews.com. Kenya launches a specialised crypto fraud unit as losses surge, aligning enforcement with new digital asset laws and regional cooperation. Kenya has intensified its response to cryptocurrency crime amid rapidly rising losses. Authorities are now looking for a greater level of enforcement with regulatory clarity. Consequently, the major institutio…

Kenya's DCI Takes Action Against Crypto Scams with New Specialized Unit

TLDR Kenya’s DCI has established a specialized unit to fight rising crypto fraud, focusing on scams and cybercrimes. Crypto fraud losses in Kenya rose 73% in 2024, totaling $43.3 million, with increasing online scams. The country processed nearly $2 billion via decentralized platforms in 2024, with 6.1 million users. DCI has handled over 500 crypto-related cases in three years, with arrests linked to scams in Nairobi and Nakuru. Kenya passed th…

Kenya sets up special unit to combat growing ‘crypto’ fraud

Kenya’s Directorate of Criminal Investigations has set up a new unit to crack down on ‘crypto’ crime, which cost local investors $43 million in 2024. The post Kenya sets up special unit to combat growing ‘crypto’ fraud appeared first on CoinGeek.