Nigeria, May 22 -- A US district court has ordered the forfeiture of $125,000 in cryptocurrency, recovered from three Nigerians, after it was stolen from an American victim.

The judgement was delivered by the Eastern District of Tennessee in Chattanooga in the US on 30 April, following months of waiting on the Nigerians to come forward to claim the assets.

The assets were seized from three Binance accounts linked to the Nigerian citizens - Martins Eromosele Iyere, Moses Olumide Sokale, and Olawumi Stephen Adewale - a copy of the judgement obtained by PREMIUM TIMES shows.

According to the court's ruling, the cryptocurrency assets were stolen in 2021 from a Tennessee resident, Matthew McNulty.

Mr McNulty was tricked into entering his lo...