…to help them track online recruitment networks, preserve digital evidence and trace cryptocurrency transactions. He stressed that the different areas of training needed to work together to support investigations and prosecutions. The AU official also called for stronger partnerships with social media companies, telecom…
…Internal Revenue Service agent, Tigran Gambaryan, who was working as an executive at cryptocurrency exchange Binance, as a prominent example of the risks confronting foreign business representatives. It recalled that Gambaryan and another senior Binance executive were detained in February 2024 after arriving in Abuja f…
…Adekoye said the victims were subsequently coerced into online fraud, romance scams and cryptocurrency-related crimes targeting people in other countries. He said NAPTIP was strengthening intelligence gathering and international cooperation to identify digital recruitment pipelines and dismantle transnational trafficki…
…an example of funds moved from a local government account to a company and then into cryptocurrency wallets, saying such trends informed the need for proactive action. He noted that public officials were now stealing funds and moving them into crypto wallets within 24 hours, often through young people, making recovery…
…victims for money through various means, including money remitters, gift cards and cryptocurrency. The FBI investigations linked the activities of the alleged perpetrators to two separate cases involving American minors, who died by suicide after being subjected to online sexual exploitation and extortion. The EFCC say…
…share of the world's cyber-enabled financial fraud, operating through romance scams, cryptocurrency and investment fraud, and business email compromise schemes, as well as other serious and violent offences.Targeting minors flagged as growing threatOne of the most alarming findings from the operation was a rise in West…
…offence, with growing cases of Ponzi schemes, fraudulent crowdfunding arrangements, cryptocurrency-enabled investment scams and hacking-related fraud. The Unit said the schemes increasingly exploited fintech onboarding gaps, including tiered accounts requiring minimal identification, while digital platforms were used t…
…insurance companies filed 104 reports, while Virtual Asset Service Providers, including cryptocurrency-related businesses, submitted 49. Banks also dominated Suspicious Activity Reports, contributing 8,313 of the 10,513 filings recorded in 2025. Other Financial Institutions accounted for 1,816, capital market and insur…
…Nigeria, UAE and Iran Binance says it has stopped processing transactions involving 17 cryptocurrency-asset service providers and platforms following recent regulatory developments.In a notice to users on Saturday, the cryptocurrency exchange listed the affected entities and the dates from which transactions involving…
…peer-to-peer (P2P) marketplaces, ending years of regulatory ambiguity for Nigeria’s cryptocurrency sector. On August 3, the NRS released the Guidelines on […] The post NRS, JRB issue guidelines on virtual asset P2P marketplace appeared first on Tribune Online.
…or provide services related to virtual assets. In practical terms, the rules affect cryptocurrency investors and traders, exchanges, Virtual Asset Service Providers, Peer-to-Peer marketplace operators, wallet providers, brokers, NFT creators and investors, miners, and users earning staking or DeFi rewards. Others are r…
…system. In recent years, however, the term has also been used by conservative groups and cryptocurrency firms that claim they have been denied banking services because of their political or ideological views. Trump signed an executive order a year ago aimed at penalising banks that restrict services to customers based…
…on the taxation of virtual assets, providing a regulatory framework for the taxation of cryptocurrency and other digital asset transactions in line with the Nigeria Tax Act, 2025, and the Nigeria Tax Administration Act, 2025. The new guidelines are aimed at taxpayers, Virtual Asset Service Providers, Peer-to-Peer marke…
…to parents or eligible partners. However, it said applicants cannot rely on overdrafts, cryptocurrency holdings, stocks and shares, pensions or funds kept in unregulated financial institutions. The guidance further requires applicants using personal or family funds to show that the required amount has been held for at…
Two Nigerians and another man have been jailed in the United Kingdom for their roles in a cryptocurrency fraud that saw eight victims lose more than £4 million after the gang impersonated police officers. The Metropolitan Police disclosed this in a statement posted on its website on Thursday and sighted on Friday. It s…
…in recent years, with the country consistently ranking among the world’s leaders in cryptocurrency adoption by transaction volume. The Central Bank had in 2021 directed banks to close accounts linked to cryptocurrency exchanges, a move that effectively pushed trading underground, before reversing course in 2023 and iss…
…Trump monetizing the presidency. Trump earned at least $1.2 billion from his family’s cryptocurrency activities last year, according to filings released in June. An API — short for Application Programming Interface — is a service that allows two different computer programs to interact with one another, potentially open…
…swept the Langflow host for anything valuable - provider API keys, cloud credentials, cryptocurrency wallets, and database configs - and those provider keys were part of the loot," he said via email. "They are indicative of what the attacker considered worth taking, but they do not tell us which model was making the de…
…entry price and a 14-day countdown running, it looks like the next most popular cryptocurrency. Hyperliquid Crypto: A Strong Model Meets a Big Unlock Hyperliquid crypto has earned its name with real numbers and is trading around $67 now. It runs on its own blockchain, can handle up to 200,000 orders per second, and mad…
US President Donald Trump recorded around $1.2 billion in income from his cryptocurrency activities in 2025, according to documents released on Tuesday by the US Office of Government Ethics. A 1978 law requires the president and vice president of the United States to declare their income as well as their assets. Accord…