Connect with us

Featured

Binance Aids Israel’s Historic Counter-terrorism Strike Against Iran’s Quds Force, Hezbollah – Tumie Mollo

Published

on

Binance has continued to create a safer platform for their users even in unfavourable conditions. Of late the Binance Sanctions Investigations team worked with the Israel’s Ministry of Defence to assist in taking down a terrorism financing operation linked to Iran’s Quds Force and Hezbollah, according to a statement issued by Tumie Mollo, the team’s
Conversation Architect.

He noted that “at Binance, we remain committed and active in furthering the security of the global crypto and blockchain ecosystem. A key part of this effort is our close collaboration with law enforcement agencies and regulators worldwide, working with them hand-in-glove to fight illicit cyber/financial crimes and thwart bad actors.

“Recently, the Binance Sanctions Investigations team, with support from the compliance teams at Binance, worked with Israel’s Ministry of Defence to help take down a terrorism financing operation linked to Iran’s Quds Force and Hezbollah. This was Israel’s first operation that targeted the Islamic Revolutionary Guard Corps – Quds Force and a historic case of this magnitude where millions of dollars in cryptocurrency intended for terrorist financing were seized. The team at Binance helped identify and disrupt this terrorist operation.”

The Binance Sanctions Investigations team further observed that “We are proud to have been able to provide our support to one of the most significant cases in counterterrorism financing and the successful takedown of Iran’s Islamic Revolutionary Guard Corps – Quds Force funding on the blockchain. Terrorism has no place in a civilized society, and we are committed to ensuring the safety and security of the global crypto community through our proactive work.”

The Binance Sanctions Investigations team, Financial Crimes Compliance (FCC) team and the Deputy Head of Financial Crimes Compliance Nils Andersen-Röed were recognized by Israel’s National Bureau for Counter Terror Financing (NBCTF) and the Israeli National Cybercrime Unit for their contributions to this case and several other operations with Israel for global security.

Last year, the Binance Investigations team responded to over 47,000 law enforcement requests with an average of three days response time which is faster than any traditional financial institution.

Across the globe, we have addressed several security-related issues and financial crimes including terrorist financing, child sexual abuse material, nation-state hacking, intellectual property, narcotics smuggling, and investment and romance scams. To date, the team helped law enforcement freeze and seize more than $1 billion and more than $900 million this year (as of May 2023) alone in illicit transactions and funds.

We created the industry’s first program/coordinated effort (Law Enforcement Training Program) across the globe to help law enforcement and prosecutors detect financial and cybercrimes and to assist in the prosecution of bad actors. The training includes concepts of blockchain and highlights Binance’s AML and investigative methods.

As we further our work with regulators and as more public and private sectors look at crypto, we have seen an increased demand for these trainings. We organized and participated in over 120 anti-cybercrime workshops for global investigators and law enforcement agencies over the past year.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

National Day Schools Competition: Aijay Media Celebrates Nigeria’s Rich Heritage

Published

on

By

The Aijay Media Annual National Day Schools Competition, held every October 1st, is set to hold this Tuesday.

The event, as always, is programmed to showcase the best of Nigeria’s rich cultural heritage, and traditions as well as celebrate the country’s national day, with varieties of competitions, which have grown in popularity over the years, attracting participation from schools all over Lagos State.

This year’s competition revolves around the “Theme: Nigeria Will be Great If …”, with different schools competing in various categories such as traditional dance, poetry, drama, and music. Students are to display their talents, creativity, and prowess in interpreting the theme.

The CEO of Aijay Media, Mrs. Ijeoma Oka, said that the competition is an opportunity for students to showcase their talents, celebrate their cultural identity and proffer their own solutions to the anomalies in our country.

The Competition is also an opportunity for schools to win prizes, including educational materials. This Last year’s competition saw many schools taking home prizes, with Tenderhands Montessori School, Lagos emerging as the overall winner.

Mrs. Abiola-Seriki Ayeni was the Special guest of honour at the previous year’s competition. Speaking at the event, she commended Aijay Media for organizing the competition and called on well-meaning Nigerians, government, and companies to support this vision. She also urged Nigerian youths to embrace their cultural heritage, promote national unity, and work harder.

Given the success this competition is expected to attract, it is expected that more schools and organizations will participate in the future.

Continue Reading

Featured

NLC, TUC Declare Indefinite Strike

Published

on

By

The organised labour unions, comprising the Trade Union Congress (TUC), and the Nigeria Labour Congress (NLC), have declared an indefinite strike effective from October 3, 2023.

TUC President, Festus Osifo declared the strike at a joint press conference also attended by the President of the NLC, Joe Ajaero in Abuja on Tuesday.

Ajaero, who spoke first, carpeted the Federal Government over what he described as lackadaisical stance to address demands raised by the unions since the subsidy removal policy took effect.

He accused the government of deliberate refusal to engage in a meaningful and constructive dialogue within the ambits of good faith during the 21 days ultimatum and the subsequent successful 2-day nationwide warning strike on the 5th and 6th of September 2023.

According to the NLC President, the National Executive Councils (NEC) of the NLC and TUC in their various meetings deeply analyzed the current situation in the country, taking into cognisance the extensive hardships and deprivation afflicting the citizens across all states of the federation.

He said both NECs unanimously condemned the government’s apparent conscious lethargy and tardiness in handling the consequences of its petrol price hike on Nigerians.

Ajaero also noted that the NLC and the TUC NEC-in-session observed that there is no disagreement between Labour and Government on the existence of massive suffering, impoverishment and hunger in the country as a result of the hike in the price of Petrol which demands an urgent need for remedial action.

He said the government totally abdicated its responsibility and had shown gross unwillingness to act, thereby abandoning Nigerian people and workers to excruciating poverty and affliction.

He went on to accuse the federal government of continuous grandstanding and forestalling all avenues to peaceful dialogue with organized labour on ways to save Nigerians from the huge hunger and suffering experienced across the nation.

“As a result of the unconscionable hike in the price of Petrol (PMS) by the Government, the Government has continued to demonstrate not just an unwillingness to mitigate the massive hardship in the country but also a complete lack of intention to take positive steps and empathy for the multi-dimensionally impoverished citizens of Nigeria.

“The federal Government has therefore not met in any substantial way, the demands of Nigerian workers and peoples as previously canvassed in our mutually agreed roadmap to salvaging the economy and protecting workers and Nigerians from the monumental hardship.

“The grace period given by the two labour centres has expired but trade unions continue to face severe threat from the State via the brutal and suppressive power of the Police and Government.

“The National Union of Road Transport Workers (NURTW) continues to be illegally occupied by the Government via the instrumentality of the police who have cloned the leadership of NURTW.

“The Road Transport Employers Association of Nigeria (RTEAN) continues to be illegally occupied by the Lagos State government in total disregard to the Courts and the statutes.

“That the State has continued to blackmail and sponsor serious campaigns of calumny against trade union leaders in the social media using its buying and coercive powers instead of making efforts to lift the burden on the masses,” the NLC President stated.

When Osifo got hold of the microphone, he said, consequently, the NLC and TUC NEC-in-Session resolved as follows: “to, in the spirit of the Independence Day celebration and to demonstrate our resolve for a truly independent Nigeria to take our destinies in our own hands and rescue our nation

“To embark on an indefinite and total shutdown of the nation beginning on zero hours Tuesday, the 3rd day of October, 2023. To direct all workers in Nigeria to withdraw their services from their respective workplaces commencing from the 3rd of October.

“To direct all affiliates and state councils to immediately start mobilizing accordingly for action to organize street protests and rallies until Government responds positively to our demands.

“We enjoin all patriotic Nigerians to join hands across the nation to assist this government put the people back at the centre of its policies and programmes.”

Daily Post

Continue Reading

Featured

Nigerians Will Be Shocked If Chicago Varsity Releases Tinubu’s Academic Records – Obaseki

Published

on

By

A chieftain of the Peoples Democratic Party (PDP) and member of the Presidential Campaign Council (PCC) in the last election, Dr Don Pedro Obaseki, has said Nigerians will be shocked if the Chicago State University (CSU) releases the academic records of President Bola Ahmed Tinubu. 

Obaseki who was the Director of Research and Documentation of PDP – PCC in the 2023 election explained that Atiku is seeking an open disclosure of Tinubu’s CSU documents because it is believed that the Supreme Court of Nigeria may be compelled to listen to fresh evidence in the petitions already submitted to it.

Speaking during a zoom conference hosted by Prof. Gold Emmanuel, a psychologist based in London, on Monday, Obaseki said it was because of the nature of the issue and the need for Nigerians to know that the former Vice President Atiku Abubakar is insisting on the full disclosure of President Tinubu’s academic records by the Chicago State University.

He said even though President Tinubu has said the public disclosure of his CSU documents would cause irreparable damage to him, “Nigerians would even be more shocked to know more about the certificate in question.”

He said, “Even when the court of first instance and the appellate court have convicted someone to death minutes before the Supreme Court gives its final judgement and there arose fresh and compelling facts and evidence, the apex court is bound to listen to the fresh facts before making its final judgement.

Daily Trust

Continue Reading

Trending

%d bloggers like this: