A Nigerian man pleaded guilty to charges related to a $10 million COVID-19 unemployment benefits fraud scheme involving multiple states and sophisticated identity theft and cryptocurrency tactics. DOJ enforcement and task force coordination highlight pandemic relief program vulnerabilities.

A Nigerian national pleaded guilty to a conspiracy that defrauded $10 million in COVID-19 unemployment benefits across multiple US states, involving identity theft and cryptocurrency laundering.

Meanwhile, a crypto life insurance firm, reaches $190M in valuation after a successful fundraising, redefining payment and stability methods by integrating Bitcoin.

Explore the innovative world of Bitcoin-denominated life insurance and its tax benefits for cryptocurrency investors.