Cryptobro in hot soup after court grants permission for his detainment for investigations

A court in Nairobi has granted police permission to detain a man for seven days as investigations continue into an alleged multi-million-shilling cryptocurrency fraud scheme. Arrest at bank The suspect, identified as Dickson Ndege Nyakango, was reportedly arrested at a local bank..
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A man identified as Dickson Ndege Nyakango has been granted a seven-day detention by a Nairobi court to allow for investigations into an alleged multi-million-shilling cryptocurrency fraud scheme.
- Investigators suspect Nyakango received approximately KSh33 million linked to the scam.
- The suspect, Dickson Ndege Nyakango, was allegedly arrested at a bank while attempting to withdraw funds.
- Authorities believe the scheme may have stolen over KSh58 million through fake online investment applications impersonating licensed companies.
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Cryptocurrency Fraud Suspect Granted Seven-Day Detention - May 2026
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