Mukhtar Adamu Muhammad (ISIS-WA Nigeria Crypto Facilitator)
Summary
Mukhtar Adamu Muhammad, a 35-year-old Lagos-based bureau de change operator born August 2, 1990, was designated by the U.S. Treasury's Office of Foreign Assets Control (OFAC) on June 22, 2026, under Executive Order 13224 for allegedly facilitating financial transfers on behalf of ISIS in West Africa (ISIS-WA/ISWAP). He is alleged to have channeled ISIS funds through three Nigerian money service businesses he owns — Nine to Nine Exchange Bureau de Change Limited, Manhattan Bureau de Change Limited, and Generation Currency Bureau de Change Limited — operating across Lagos and Kano states. The designation is reported to be the first OFAC action specifically targeting ISIS crypto financing infrastructure in West Africa.
Connected Entities
3 entities · 10 linked investigations- TBXMiRqUp1XH1zLazWu8cWitMAScv4HsYq→mentioned with→Mukhtar Adamu Muhammad (ISIS-WA Nigeria Crypto Facilitator)(50%)
- TDFj8tYzfLDkwEMo4MJ2DfrbpMztuCCnan→mentioned with→Mukhtar Adamu Muhammad (ISIS-WA Nigeria Crypto Facilitator)(50%)
Connected Through
2 shared actors · 3 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- ◇TDFj8t…Cnanwallet
- ◇TBXMiR…HsYqwallet
Timeline(5 events)
2026-06-18
Nigeria's Sanctions Committee adds six individuals and one company to its domestic sanctions list, preceding the OFAC action.
Pulse Nigeria2026-06-22
OFAC designates Mukhtar Adamu Muhammad and his three bureau de change businesses — Nine to Nine Exchange, Manhattan Bureau de Change, and Generation Currency Bureau de Change — as Specially Designated Global Terrorists under Executive Order 13224 for facilitating financial transfers on behalf of ISIS-West Africa. Two additional individuals (Abdelhakim Boukich, Miloud Abderrahmane) and three additional entities (Bitcoin Xchange, Spider, Alkaram) are designated in the same enforcement action.
U.S. Department of the Treasury OFAC Press Release2026-06-23
Major crypto intelligence firms including TRM Labs and Chainalysis publish analyses of the OFAC enforcement action and its implications for ISIS crypto financing in West Africa.
TRM Labs / Chainalysis2026-06-24
The Central Bank of Nigeria issues a circular directing all domestic financial institutions to immediately freeze the accounts and assets of Muhammad and his entities, with a 48-hour compliance deadline.
Pulse NigeriaDecision Log
- hash: 9UrfVeDL8gJYVuShMPRNBNTFgwKaTxH729jZATEPgCAy
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/28/2026, 11:11:38 PM
last updated: 6/28/2026, 11:11:46 PM
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