South African Authorities Arrest Suspect for Funding Terrorism with Bitcoin

South African Authorities Arrest Suspect for Funding Terrorism with Bitcoin

In a major crackdown on misuse CryptocurrencySouth African authorities have arrested a 35-year-old accused of using digital assets to finance terrorist operations. The arrest operation carried out FalconsThis follows a lengthy investigation sparked by alerts about possible terrorist financing activities. Since May 2018, information has been disclosed from Financial Intelligence Center The FIC played a … Read more

Nigerian Crypto-Romance Scam Busted: Authorities Arrests 792 In Massive Crackdown

Nigerian Crypto-Romance Scam Busted: Authorities Arrests 792 In Massive Crackdown

The Nigerian Economic and Financial Crimes Commission (EFCC) has arrested 792 suspects linked to an international cryptocurrency and romance scam. Second News from Africa, the raid conducted on December 10, 2024 targeted a seven-story building in Lagos, the country’s commercial hub. Nicknamed the “Big Leaf Building,” this luxury structure allegedly served as a call center … Read more