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Home » News » Two university students charged in Sh15 million crypto scam
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Two university students charged in Sh15 million crypto scam

Last updated: May 26, 2025 7:48 pm
Jessicah Mwambia 1 year ago
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Two university students were on Monday, May 26, 2025, brought before the Milimani Law Courts, where they faced charges of defrauding a woman of more than Sh15 million in a cryptocurrency scheme.

Jesus Godoua Imedji and Judith Mbaya Nzioka stand accused of swindling Tuyishime Grace out of 116,000 USDT—equivalent to Sh15,360,000—by falsely claiming they could assist her in trading on Binance, a well-known international cryptocurrency exchange. In addition to the fraud charge, the two also face a second count: conspiracy to defraud. Both defendants pleaded not guilty to the allegations.

During the court proceedings, the investigating officer strongly opposed granting bail to the accused, emphasizing the gravity of the case. She told the court that the charges were serious and cautioned that releasing the two could jeopardise the investigation.

The officer further identified Imedji, who hails from the Central African Republic, as a potential flight risk. As for Nzioka, she was described as a suspected accomplice with deep knowledge of criminal operations, raising concerns that she might interfere with witnesses or tamper with evidence if allowed out on bail.

In response, the defence lawyer pointed out that both accused individuals had already spent 28 days in custody and had now been formally charged. He noted that Imedji’s passport had been confiscated, arguing that this measure should alleviate fears of him fleeing. The defence urged the court to grant a reasonable and fair cash bail.

The court has yet to make a ruling on the bail application.

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