#AssetRecovery - Web3Africa

FTX Withdraws Motion Blocking FTX Creditor Payouts in Zimbabwe, Nigeria, Egypt—and 47 Other Countries

KenMichaelsNovember 5, 2025November 5, 2025010 mins

TL;DR, The FTX Recovery Trust has withdrawn its plan to block nearly $800 million in FTX creditor payouts to 49 “restricted” nations after facing over 70 legal objections. While a victory for creditors, the withdrawal was filed “without prejudice,” meaning the Trust could still refile to restrict payments, urging continued vigilance from claimants. As payouts…

Pioneering Crypto Forensics: EOCO’s Breakthrough in Virtual Asset Investigations and Recovery

KenMichaelsJuly 16, 2025July 20, 202509 mins

With digital assets growing steadily as an alternative means to income and transactions in West Africa, Ghana has taken the next step in providing better crypto investigation, countering the growing rate of Virtual asset fraud. In Brief Crypto investigations in Ghana reach new heights as EOCO secures forensic licenses to trace, confiscate, and return stolen…