Lagos big boy allegedly hacks crypto company’s blockchain and steals over $87m

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A Lagos big boy identified as Abayomi Segun Oluwasesan, has been detained by International Criminal Police Organization (INTERPOL) officers in Nigeria for allegedly hacking his company’s blockchain and stealing billions of Naira.

According to INTERPOL, Abayomi was hired as a web developer by Afriq Arbitrage System, a worldwide crypto space, on June 15, 2022, but he hacked the platform when his employer, Jesam Micheal, was undergoing a liver transplant and handed the codes to him.

Abayomi, who was entrusted with sensitive data for the seamless operation of the organization, recruited the services of his cronies, disrupting the platform’s smooth functioning and stealing millions of dollars from hard-earned investors.

According to estimates, he removed at least $87 million and spent it lavishly.

He established Fidoray Autos and imported more than 30 unique wonders on wheels. He also purchased a home and obtained a resident visa in the United Kingdom, as well as Tanzania and Dubai, UAE.

He spent N450 million on one of his Lagos plazas, N1 billion on landed properties near Dangote refineries, and a billion naira on the interior decorating of his hotel in Mainland, Lagos State.

He was flying across the world on first-class tickets paid for by investors.

His fraudulent acts practically crashed the profitable platform on May 15, 2023

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