Professor Samuel Awobode Delivers Lecture on Cryptocurrency Fraud Detection The Continuous Professional Development Program (CPDP) of the Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria (CIFCFIN) held at the EFCC Academy, Karu, FCT, Abuja, featured an insightful lecture on “Cryptocurrency Fraud Detection Techniques”, developed by Professor Samuel Oyelakin Awobode. The lecture, a highlight of the CPDP session, delved into the growing threats posed by cryptocurrency-related fraud and the advanced forensic techniques required to combat them. Professor Awobode, a renowned expert in business administration, economics, and forensic auditing, emphasized the urgent need for forensic investigators, financial regulators, and law enforcement agencies to enhance their technological capabilities in detecting and preventing fraudulent activities in the digital asset space. Key Highlights of the Lecture Professor Awobode outlined several modern cryptocurrency fraud schemes, including: Ponzi and Pyramid Schemes operating under the guise of crypto investments. Rug Pull Scams, where fraudulent developers abandon projects after securing investors’ funds. Crypto Wallet and Exchange Hacks, leading to financial losses worth billions globally. Wash Trading and Market Manipulation, used to create artificial demand and inflate asset values. Money Laundering through Cryptocurrencies, exploiting the anonymity of blockchain transactions. Call to Action for Financial and Forensic Experts Professor Awobode emphasized that Nigeria must be proactive in addressing the rising threats posed by cryptocurrency fraud. He urged forensic experts, financial regulators, and cybersecurity professionals to embrace innovative solutions and strengthen collaborative efforts with global agencies to curb crypto-related crimes. The CPDP session at the EFCC Academy, Karu, FCT, Abuja, provided an engaging platform for forensic investigators and fraud experts to exchange ideas and explore practical solutions to modern financial crimes. The Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria (CIFCFIN) continues to champion capacity building and professional development in forensic investigations to safeguard Nigeria’s financial ecosystem.