AGS NEWS – President Donald Trump has reported earning more than $600 million in income from cryptocurrency ventures, golf resorts, licensing deals, and other business activities, according to a newly released financial disclosure report that sheds light on the broad … Continue reading Trump reports more than $600 million in income from crypto, golf, etc
AGS NEWS – A United States judge has approved a settlement requiring Binance Holdings Ltd (BHL), the world’s largest cryptocurrency exchange, to pay $4.3 billion for breaching anti-money laundering and sanctions laws. The agreement, endorsed by US District Judge Richard … Continue reading Court orders Binance to pay $4.3bn fine for US anti-money laundering violations
AGS NEWS – A recent Chainalysis report indicates a significant drop of 29% in money laundered through cryptocurrency exchanges in 2023. The report, released on Thursday, highlights a decrease from $31.5 billion in 2022 to $22.2 billion in 2023. According … Continue reading Cryptocurrency money laundering decreases by $9 billion, according to report
AGS NEWS – Nigeria has directed its telecommunications companies to block access to cryptocurrency websites like Binance, OctaFX, and Coinbase. This move comes months after the Central Bank of Nigeria issued guidelines for digital asset operators following a change in … Continue reading Nigeria limits access to Binance and others after lifting crypto ban
A recently published 2023 report reveals that cybercriminals have successfully pilfered approximately $2 billion in cryptocurrencies through a series of cyberattacks. The report, conducted by De.FI, the security firm overseeing the REKT database, emphasizes the persistent vulnerabilities within the cryptocurrency … Continue reading Hackers stole $2 billion in crypto in 2023 – De.FI
A Turkish cryptocurrency founder, along with his two brothers, has been sentenced to 11,196 years in prison each, as reported by the Anadolu state news agency. Faruk Fatih Ozer, the former boss of Thodex, faced charges including money laundering, fraud, … Continue reading Former turkish crypto CEO sentenced to over 11,000 years in jail
Thevamanogari Manivel, a 41-year-old Malaysian residing in Melbourne, has admitted to recklessly handling the proceeds of a banking error that saw crypto.com mistakenly deposit $10.5 million into her Commonwealth Bank account instead of a $100 refund. Manivel indulged in a … Continue reading Spending spree after $10.5M crypto transfer mistake: Woman’s lavish lifestyle raises questions
The Economic and Financial Crimes Commission (EFCC) Zonal Command in Abuja has successfully convicted two male fraudsters, Canice Agabi and Nwozor Martins, on charges related to impersonation and fraud. According to the EFCC, Agabi falsely portrayed himself as an American … Continue reading EFCC secures conviction of two individuals for crypto and Facebook scams in Abuja
Crypto currency losses resulting from hacks and scams declined by $452 million in the first quarter of 2023, as revealed in a report titled ‘Report: $452m Lost in Crypto in Q1 2023. New Trends of Hacks and Scams’ by De.Fi, … Continue reading De.Fi report: Crypto losses drop to $452m in Q1 2023
AGS NEWS 