The second prosecution witness, PW2, Alhassan Garba, a Bureau De Change operator in the ongoing trial of one Huang Haoyu, a Chinese national, and others, has told Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos, that he had several crypto transactions with Haoyu between September and November 2024, with values ranging from $5,000 to $10,000 USDT almost daily.
Huang Haoyu is standing trial alongside Friday Audu, An Hongxu and Genting International Co. Ltd. on an 11-count charge bordering on cyber-terrorism, internet fraud and money laundering to the tune of N3,407,824,740.78 (Three Billion, Four Hundred and Seven Million, Eight Hundred Twenty-Four Thousand, Seven Hundred and Forty Naira), and $2,562,203 USDT brought against them by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, Awolowo Road, Ikoyi, Lagos.
They are among the syndicate of 792 alleged cryptocurrency investment and romance fraud suspects arrested on December 19, 2024 in Lagos during a sting operation tagged “Eagle Flush Operation” conducted by EFCC operatives.
At the resumed sitting on Tuesday, July 1, 2025, Garba, a Bureau de Change(BDC) operator, told the court that he often changed money for Haoyu, also known as Mr Ken.