Man arrested for hacking company’s blockchain, stealing $87m

Operatives of the International Criminal Police Organization (INTERPOL) in Nigeria have arrested one Abayomi Segun Oluwasesan, who allegedly hacked his company’s blockchain and made away with billions of Naira.

The suspect, who was working at Afriq Arbitrage System, a global crypto space, was arrested earlier in the week alongside his accomplice.

It was gathered that Abayomi, who was employed by the company on June 15, 2022 to work as a web developer, hacked the platform at a time when his boss, Jesam Micheal went for a liver transplant and entrusted the codes to him.

Abayomi, who was entrusted with the sensitive data for the smooth operations of the company, engaged the services of his cohorts, disrupting the smooth operations of the platform and stealing hard-earned investors’ money running into several billions.

According to reports, he withdrew at least $87 million which he spent flamboyantly.

ALSO READ: NDLEA reacts as victim of stray bullet revealed

He opened a car dealership known as Fidoray Autos and imported over 30 exotic wonders on wheels. He also brought a house and acquired a residence permits in the U.K., same as Tanzania and Dubai, UAE.

One of the plazas he acquired in Lagos was to the tune of N450 million, landed properties around Dangote refineries to the tune of N1 billion, and splashed a billion naira on the interior decoration of his hotel in Mainland, Lagos State.

He was traveling across the globe with investors’ money on first-class tickets.

His dubious activities literally crashed the lucrative platform on the May 15, 2023.