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UK police seize $249.5 million worth of cryptocurrency
The British police on Tuesday said they have seized £180 million ($249.5 million) of an undisclosed cryptocurrency, as part of a money laundering investigation launched against organised crime groups that moved into cryptocurrencies in order to clean their money. The latest seizure happened in less than three weeks after the London police made a £114 million haul on June 24 as part of its money laundering investigation. By this, a cryptocurrency payload totalling £294 million ($408 million) has been reportedly seized so far under the money laundering investigation. “While cash still remains king in the criminal world, as digital platforms develop we’re increasingly seeing organised criminals using cryptocurrency to launder their dirty money,” Reuters quoted Graham McNulty, a metropolitan P...
EFCC has recovered over $100 million for NPA – chairman
The chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, says the agency has recovered over $100 million for the Nigerian Ports Authority Bawa said the recovery was part of the outstanding remittances owed to the country through the Nigerian Ports Authority. In 2017, the federal government had terminated the boat pilotage agreement it signed with Intels, after Abubakar Malami, attorney-general of the federation (AGF), said it violated the constitution. The company was also accused of not paying taxes in 2017 — the same year NPA accused it of failing to remit an outstanding debt. Speaking at the weekly ministerial briefing organised by the presidential media team at the presidential villa, Abuja, on Thursday, Bawa said EFCC had made recoveries directly for the...
Huge web outage takes Reddit, Twitch, and other big sites offline
A huge global web outage swept across the internet this morning, taking out popular sites including Amazon, Twitch, and Reddit. The outages started at around 5:30AM ET, with a large number of sites affected. The Fastly content delivery network (CDN) was the source of the issues, which lasted for more than an hour. Major news sites like CNN, The New York Times, The Guardian, and the Financial Times were also affected. The issues also affected UK government websites, so British citizens were unable to renew passports, apply for tax allowances, or obtain driving licenses during the outage. Fastly hasn’t commented fully on the issues other than an outage message on the company’s status page. “The issue has been identified and a fix is being implemented,” said Fastly at 6:44AM ET. Get more stor...
Zinedine Zidane: I don’t think I’m a disaster of a coach
Zinedine Zidane has responded to more questions of his future at Real Madrid by pointing out that he is not “a disaster of a coach”, but is also unable to speculate on how long he will be sticking around at Santiago Bernabeu. The Frenchman has secured two titles in La Liga and three Champions League crowns across two spells as Blancos boss, and remains in the hunt for more glory down both of those avenues this season. Questions have, however, been asked of whether he will remain in his current post through to the end of his current contract in 2022, with calls for change at various intervals being added to a pot that also includes links to Serie A giants Juventus. Asked at a pre-match conference about those who continue to suggest that his success is down to good fortune, the World Cup win...
Pastor Adigun: I went against sexual purity I preach
Pastor Timi Adigun of The Ark Church and the coordinator of MINE Teenage Ministry has admitted being involved in ‘inappropriate behaviour’ with females in his church over a couple of years. Adigun who apologized on his social media page 48 hours after the sexual allegations went viral, however, said he had ‘no sexual intercourse’ with any of the ladies and none of them was underaged. Mr Adigun, 35, is the editor of MINE Magazine – a free Christian teenage magazine that preaches sexual purity. Several posts surfaced online accusing Mr Adigun of sexcapades with teenage girls under his mentorship and tutelage. In his apology, the clergyman admitted that he behaved in an appropriate manner with some of the females whom he has apologized to. He wrote: “My name is Timi Adigun. I have been called...
