International
US: Melania Trump launches her own crypto
US: Melania Trump launches her own crypto
Incoming first lady Melania Trump has launched a cryptocurrency on the eve of her husband’s inauguration as US president.
The announcement comes a day after President-elect Donald Trump launched the $Trump cryptocurrency. Both coins have risen but have seen volatile trade.
“The Official Melania Meme is live! You can buy $MELANIA now,” she posted on the social platform X on Sunday.
The website for the “Official Melania Meme” says it is a crypto asset created and tracked on the Solana blockchain.
Disclaimers on the websites of both the $Trump and $Melania coins said they were “not intended to be, or the subject of” an investment opportunity or a security.
READ ALSO:
- US deportation raids expected to begin on Trump’s first day in office
- Fuel price hike: Long queues resurface at petrol stations
- Sanusi: My comments on Tinubu’s policies sensationalised
According to the CoinMarketCap website, $Trump has a total market valuation of about $12bn (£9.8bn), while $Melania’s stands at around $1.7bn.
Trump had previously called crypto a “scam” but during the 2024 election campaign became the first presidential candidate to accept digital assets as donations.
On the campaign trail, Trump also said he would create a strategic bitcoin stockpile and appoint financial regulators that take a more positive stance towards digital assets.
That spurred expectations that he would strip back regulations on the crypto industry.
In the wake of Trump’s victory, bitcoin jumped to a record high is currently trading at $140,000, according to crypto trading platform Coinbase.
On Friday, the incoming artificial intelligence (AI) and crypto tsar David Sacks held a “Crypto Ball” in Washington, DC.
Other cryptocurrencies, including dogecoin – which has been promoted by high-profile Trump supporter Elon Musk – have also risen sharply this year.
Under President Joe Biden, regulators cited concerns about fraud and money laundering as they cracked down on crypto companies by suing exchanges.
US: Melania Trump launches her own crypto
![]()
International
North Korea Fires 10+ Missiles Hours After Trump Signals Fresh Kim Summit
International
Ecuador Intelligence Chief, 5 Americans Killed in Kenya Helicopter Crash
Ecuador Intelligence Chief, 5 Americans Killed in Kenya Helicopter Crash
![]()
International
US indicts 17 Iranians over $20m cyber-theft campaign targeting 322 global institutions
US indicts 17 Iranians over $20m cyber-theft campaign targeting 322 global institutions
Justice Department Unseals 14-Count Superseding Indictment Alleging Massive Hacking Operation Conducted on Behalf of Iranian Government and IRGC
The United States has charged 17 Iranian nationals in connection with an alleged massive cyber-theft campaign that targeted hundreds of universities, private companies, government agencies, and non-governmental organisations across the globe. The US Department of Justice announced on Tuesday that a 14-count superseding indictment had been unsealed against members of the Mabna Institute, an Iran-based company accused of conducting coordinated cyber intrusions since at least 2013, according to multiple reports.
The indictment, which has been assigned to US District Judge Jesse M. Furman in the Southern District of New York, represents one of the most extensive cyber-related prosecutions ever brought against Iranian actors. Nine of the 17 defendants were previously charged in a seven-count indictment announced in March 2018, while Tuesday’s superseding indictment adds eight additional defendants to the case, expanding the scope of the alleged criminal enterprise.
Assistant Attorney General for National Security John Eisenberg stated that the defendants allegedly hacked universities and research institutions worldwide at the behest of entities including Iran’s Islamic Revolutionary Guard Corps (IRGC), stealing large volumes of information and intellectual property. The Federal Bureau of Investigation (FBI) also stated that the defendants allegedly operated a “hacking-for-hire” network targeting intellectual property belonging to American and allied universities, companies, and government agencies for the benefit of the Iranian government. The US authorities stressed that an indictment is merely an allegation and that all defendants are presumed innocent until proven guilty beyond a reasonable doubt.
READ ALSO:
- Police Nab 49-Year-Old With Pump-Action Rifle, 50 Ammunition Rounds In Anambra
- WMotors takes Jetour Africa Expedition to Lagos, Puts SUVs to Off-Road Test
- ‘No Electoral Agreement with ADC’ – Adeleke Rejects Collaboration Claims, Credits God
The alleged hacking campaign targeted a staggering number of victims globally, including 144 US-based universities and 178 foreign universities, totalling 322 academic institutions worldwide. The hackers are alleged to have targeted more than 100,000 university professor accounts globally and successfully compromised about 8,000 accounts across the identified universities. The campaign, which began around 2013 and continued through at least December 2017, targeted academic research and intellectual property across fields including science and technology, engineering, social sciences, and medicine.
The Justice Department said the hackers stole at least 31.5 terabytes of academic data and intellectual property, including journals, theses, dissertations, and electronic books. Some of the stolen material was allegedly sold through websites operated or affiliated with members of the conspiracy, transforming stolen academic resources into a profitable underground enterprise. Beyond universities, the defendants allegedly compromised employee email accounts at at least 42 US-based private companies, 11 foreign companies, and several government agencies and non-governmental organisations.
The alleged hacking campaign extended beyond academic institutions to include several high-profile government and non-governmental organisations. The Justice Department identified the following entities as among those targeted: the US Department of Labor, the Federal Energy Regulatory Commission (FERC), the states of Hawaii and Indiana, the United Nations, and the United Nations Children’s Fund (UNICEF). The superseding indictment also alleges that members of the group targeted HBO and were involved in hacking private companies and government entities, causing victims to incur more than $20 million in investigation and remediation costs.
A central element of the indictment is the alleged connection between the Mabna Institute and Iran’s Islamic Revolutionary Guard Corps (IRGC). The Justice Department alleged that many of the cyber intrusions were conducted on behalf of the IRGC and other Iranian government and university clients. The Mabna Institute was founded around 2013 by Gholamreza Rafatnejad and Ehsan Mohammadi, according to the Justice Department. The organisation allegedly assisted Iranian universities and research institutions in obtaining unauthorised access to scientific resources outside Iran while also providing hacking services to Iranian government and private entities.
This mirrors actions taken by the US Treasury Department in March 2018, when it announced sanctions against the Mabna Institute and 10 individuals, stating that the group had been acting at the behest of the IRGC. The Treasury Department had also noted that one of the hackers involved had attempted to extort $6 million from a US media company and was previously indicted in November 2017, demonstrating a pattern of aggressive cyber-operations and financial extortion.
The US Department of State’s Rewards for Justice programme is offering up to $10 million for information leading to the location of five of the defendants: Behzad Mesri, Mojtaba Galekuhi, Arman Kahzadian, Keyvan Fayaz, and Saber Shahbazi Ballojeh. This substantial reward reflects the seriousness with which US authorities view these alleged cyber-operations and their commitment to bringing the perpetrators to justice.
The case highlights the persistent challenge of state-sponsored cyber-operations and the ongoing efforts by US authorities to hold perpetrators accountable through legal and financial measures. With the charged individuals believed to be outside the United States and no extradition treaty with Iran, their apprehension remains uncertain. However, the US continues to pursue international cooperation and legal avenues to bring them to justice, signalling that such cyber-operations will not go unanswered.
US indicts 17 Iranians over $20m cyber-theft campaign targeting 322 global institutions
![]()
-
metro3 days agoPalliative Care, Not Abandonment: Doctor Clears the Air on Ogogo’s Stage-Four Cancer Treatment
-
Insurance2 days agoNAICOM revokes Universal Insurance licence over ₦15bn capital shortfall
-
metro3 days agoLagos Pensioners Give Sanwo-Olu 19-Day Ultimatum: Implement Wage Award or Face ‘Mother of All Protests’
-
Politics3 days ago‘No Electoral Agreement with ADC’ – Adeleke Rejects Collaboration Claims, Credits God
-
metro1 day agoPalace Chaos: Police Say Cultists Targeted Davido, Not Gov Adeleke, in Deadly Osogbo Shooting
-
Health3 days agoStage 4 Cancer: Understanding Ogogo’s Diagnosis and Treatment Options
-
Politics3 days agoADC Reveals Strategic Collaboration with Accord Party to Defeat APC in Osun Governorship Election
-
Business2 days agoFuel subsidy: FG records N20.4tn extra resources, spends N30.6tn, says Oyedele
