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Madagascar Ministry of Justice: 148 Chinese nationals involved in cryptocurrency fraud cases have been extradited.

PANews, November 2 news: According to Agence France-Presse, Madagascar's Ministry of Justice stated that 148 Chinese nationals suspected of involvement in romance scams, cryptocurrency fraud, and fake investment fraud cases in the East African country have been extradited to China.

Earlier reports indicated that Madagascar launched raid operations from August to September this year, successfully dismantling 13 telecom fraud compounds operated by Chinese citizens. During a single-day operation, cryptocurrency worth up to $52 million (approximately RMB 346 million) was seized, and more than 3,200 electronic devices were confiscated.

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