• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, October 15, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Crime

US and Nigeria Launch “Bilateral Group” Force to Tackle Cryptocurrency Crimes

24 October 2024
in Crime, News
Reading Time: 3 mins read
108 3
US and Nigeria Launch “Bilateral Group” Force to Tackle Cryptocurrency Crimes

Source: Bitcoin.com

The United States and Nigeria have established a Bilateral Liaison Group aimed at tackling illicit finance and cryptocurrency-related crimes. The U.S. Department of State announced this partnership on Wednesday, October 23, highlighting the importance of collaboration in addressing financial crime and cyber threats, particularly concerning the misuse of digital assets.

This initiative is expected to enhance the capabilities of both countries in investigating and prosecuting cybercrimes linked to cryptocurrencies. The U.S. government reiterated its commitment to strengthening Nigeria’s ability to combat these cyber threats, especially as Nigeria has increasingly focused on the misuse of cryptocurrencies for illegal activities. For instance, in August 2023, the Nigerian government reportedly froze over $37 million in cryptocurrency tied to organizers of the #EndBadGovernance protests.

Recently, the Nigerian government has also tried to restrict its citizens’ access to cryptocurrency platforms, citing concerns over their potential use in facilitating untraceable financial transactions. Local authorities have arrested two staff members from Binance, one of the world’s largest cryptocurrency exchanges, as part of a broader crackdown on digital currencies. Notably, the Nigerian government has formally dropped all charges against Tigran Gambaryan, one of the detained staff, who had been on trial for money laundering since April.

Meanwhile, according to a new research report, state securities regulators across North America, especially in the U.S., are dealing with a rise in technology-driven investment fraud, particularly in crypto and social media schemes.

READ MORE: North America Sees Record Surge in Tech-Driven Investment Fraud, Crypto Scams Lead the Charge

The report indicated that in 2023, regulators in the U.S., Canada, and other North American countries initiated 8,768 active investigations, with cryptocurrency and online-based schemes posing the greatest threats to retail investors. Among these, there were 343 new cases focused on cryptocurrency fraud, along with an additional 144 investigations targeting crypto-staking operations. Social media-driven investment scams also saw a notable rise, with 205 new cases reported.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.” 

Tags: CryptoNigeriaUS
Share65Tweet41Share11
Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

Is AI Truly Worth the Hype, or Are We Heading Into Another Tech Bubble?
AI

Is AI Truly Worth the Hype, or Are We Heading Into Another Tech Bubble?

14 October 2025
Solana Partners With Korea’s Wavebridge to Launch KRW Stablecoin and Tokenization Platform
News

Solana Partners With Korea’s Wavebridge to Launch KRW Stablecoin and Tokenization Platform

14 October 2025
KuCoin to Delist UTK as Exchange Declines to Support xMoney Token Swap
Crypto

KuCoin to Delist UTK as Exchange Declines to Support xMoney Token Swap

14 October 2025
Binance Set to Finalize GOPAX Acquisition After Two-Year Delay
Crypto

Binance Set to Finalize GOPAX Acquisition After Two-Year Delay

14 October 2025

Editors Picks

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

byOlayinka Sodiq
21 July 2025
0

What Is a Rebase Token and How Does It Work?

What Is a Rebase Token and How Does It Work?

byOlajumoke Oyaleke
28 June 2025
0

What Are DeFi Options Vaults, and How Do They Work?

What Are DeFi Options Vaults, and How Do They Work?

byOlajumoke Oyaleke
26 June 2025
0

What Are Teardrop Attacks in Crypto?

byOlajumoke Oyaleke
17 June 2025
0

What Are Fractional NFTs, and How Do They Work?

What Are Fractional NFTs, and How Do They Work?

byBlessing Lisafi
7 February 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Crypto in Latin America: Adoption Booms as Media Visibility Falls

17 hours ago

Your Weekend Crypto Roundup | October 2025 (Week 2)

4 days ago

Your Weekend Crypto Roundup | October 2025 (Week 1)

2 weeks ago

What $1 Billion in Liquidations Means for Market Stability

2 weeks ago

Why Crypto’s Cross-Chain Future Depends on Regulatory Readiness

2 weeks ago

MicroStrategy’s Debt-Fueled Bitcoin Buys: Smart Treasury Move or Dangerous Precedent?

2 weeks ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    On-Chain Cultural Assets: Decoding City Protocol’s IP Capital Market

    bychainwire
    14 October 2025
    0

    Tria raises $12M to be the leading self-custodial neobank and payments infrastructure for humans and AI.

    bychainwire
    14 October 2025
    0

    AriyaX Capital Launches AXPT: A Regulated Aviation-Backed Token Bringing Real-World Asset Yield to Blockchain

    AriyaX Capital Launches AXPT: A Regulated Aviation-Backed Token Bringing Real-World Asset Yield to Blockchain

    byGuest Author
    13 October 2025
    0

    Jiuzi Holdings, Inc. (JZXN) Secures 100 Bitcoin via Private Placement, Signaling New Phase in Crypto Treasury Deployment

    bychainwire
    13 October 2025
    0

    Collaboration across Bybit, DigiFT and UBS uMINT expands Collateral Solution for Institutions

    bychainwire
    13 October 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Market Analysis
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverse
      • Glossary
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00