Passion Unleashed! Peller & Jadrolita’s Pool Romance Trends

Horror! Final-Year Student Killed by Cleric in Ilorin

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February 15, 2025

Horror! Final-Year Student Killed by Cleric in Ilorin

The ritual-murder victim in Ilorin was a final-year student of Kwara State College of Education, Lawal Hafsoh Yetunde; she was lured into meeting Islamic cleric Abdulrahman Mohad Ballo via Facebook.

One of the suspects is said to be born of a prominent Muslim cleric in the Isalekoto community. He is now in police custody at the police command headquarters in Ilorin.

Reports have it that she attended a naming ceremony, then received a call from a friend, left her food to pick the call, and since then has not been seen again.

The family and friends began searching for her but could not find her. Her father, Ibrahim Lawal, reported her as missing on Tuesday at the Oja-Oba Police Division in Ilorin.

The police demanded her number then used it to track her last call up to a suspect residing in the Ofa Garage area of Ilorin, although his family home is in Isalekuto.

The suspect denied knowledge of Hafsoh; however, while his house was searched, he confessed that she had visited him but died due to asthma after being invited over.

A very gruesome investigative report showed that Hafsoh’s body was dismembered and hidden in a bowl side by side with tools said to have been used to dismantle her. Now in custody at the Kwara State Police Headquarters, the suspect is said to have met Hafsoh on Facebook, where he got her phone number and lured her to his house.

The stuff from his domicile gives that impression; that’s likely, because a table in his room had some apparatus resembling those meant for cutting bodies.

This case is mainly investigated at the Kwara State Police Command headquarters.

Reacting to the incident, the spokesperson for the Kwara State Police Command, SP Adetoun Ejire-Adeyemi, confirmed: “The command is aware of the gruesome killing of one Miss Yetunde H. Lawal.

“On 11/02/2025, a case of a missing person was reported at C Division, Oja-Oba, by her father, Mr Ibrahim A. Lawal, at about 18:00 hours.

“As soon as that happened, police detectives swung into action and traced her number. They arrested a suspect, and the case got transferred to the SCID for thorough investigation yesterday. Further updates would be communicated as the investigation flows.”

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Tiwa Savage Flaunts Her Dream Mansion in Ikoyi! (Watch)

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February 15, 2025

Tiwa Savage Flaunts Her Dream Mansion in Ikoyi! (Watch)

A new project has been unveiled by Nigerian singer Tiwa Savage in Lagos, which is the largest commercial city in Nigeria.

Currently on vacation in the Maldives, the mother of one has shared a video of her construction site, showcasing the building she is overseeing.

REACTIONS

Tiwa Savage announced she was constructing her dream penthouse in Ikoyi, Lagos.
Look at the reactions below;
k.k.d_nelson: You see that nigeria 🇳🇬 the rich just they separate them self 😂😂.

jaycee_designns: Omo. E be like company construction. People dey keep this money.

addemusix: Creative beings have their treasures. Those who are ill pursue dreams. The healthy are destiny movers.

gracefulbeing001: Lol nah dis same location burna dey visit too

prettydiva1100: Omo I am just imagining having to install her kitchen cabinet and doors. Oh Lord please give me the right contact for the right people. It’s going to be massive ooo. #favour.

wasem__nessa: Intermarriage money, money dey inside for real 😍❤️❤️.

stella_dirisu: Mama, I will sell you the best paint that penthouse deserves. A paint that serves as a time passes, anti-microbial, anti-Fungi and anti-mold and algae resistant paint. A paint worthy for a queen like you. 💯 organic and zero VOC.

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USAID Funded Boko Haram – Scott Perry, US Congressman

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February 14, 2025

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Scott Perry, a US Congressman, has accused the United States Agency for International Development (USAID) of providing funding for internationally labeled terrorist groups such as Boko Haram.

The republican made this statement during the inaugural hearing of the Subcommittee on Delivering on Government Efficiency (DOGE) on Thursday.

The hearing was focused on Stamping Out the Scourge of Improper Payments and Fraud, which focused on alleged misappropriations of taxpayer funds.

Perry said, “Who gets some of that money? Does that name ring a bell to anybody in the room? Because your money, your money, $697 million annually, plus the shipments of cash funds in Madrasas, ISIS, Al-Qaeda, Boko Haram, ISIS Khorasan, and terrorist training camps. That’s what it’s funding.”

Through the subcommittee’s website, it stated that it will “actively work with President Trump’s Department of Government Efficiency to root out waste, shore up vulnerable payment systems, and fully investigate schemes to defraud taxpayers.”

Perry added, ”if you think that the program under Operation Enduring Sentinel entitled Women’s Scholarship Endowment, which receives $60 million annually, or the Young Women Lead, which gets about $5 million annually, is going to women who, by the way, if you read the Inspector General’s report, are telling you that the Taliban does not allow women to speak in public, yet somehow you’re believing, and American people are supposed to believe, that this money is going for the betterment of the women in Afghanistan. It is not.

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“You are funding terrorism, and it’s coming through USAID. And it’s not just Afghanistan, because Pakistan’s right next door.

“USAID spent $840 million in the last year, the last 20 years, on Pakistan’s education-related program. It includes $136 million to build 120 schools, of which there is zero evidence that any of them were built. Why would there be any evidence? The inspector general can’t get in to see them.

“But you know what? We doubled down and spent $20 million from USAID to create educational television programs for children unable to attend the physical school. Yeah, they can’t attend it because it doesn’t exist. You paid for it.

“Somebody else got the money. You are paying for terrorism. This has got to end.”

Donald Trump had previously called for the closure of USAID, stating that the agency was corrupt in its finance operations.

Musk, whom Trump appointed to lead the Department of Government Efficiency, has also criticized USAID, alleging that it engages in rogue operations.

Musk has called USAID “a viper’s nest of radical-left Marxists who hate America” and has vowed to shut it down. Among other criticisms, Musk has claimed that USAID does “rogue CIA work” and even “funded bioweapon research, including COVID-19, that killed millions of people.”

See the video below:

BREAKING: DOGE Investigation Finally Forces Congress To Admit To The US Government’s Long History Of Financing Al-Qaeda, The Taliban, & ISIS

» WATCH/SHARE THE LIVE X STREAM HERE:https://t.co/5LOs5d45a8 pic.twitter.com/BXAVcwr4AK

— Alex Jones (@RealAlexJones) February 14, 2025

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2Face Idibia’s Family Declares Him Missing, Petitions DSS

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February 14, 2025

Still on the ongoing 2Baba and Annie Idibia saga, the Idibia family has sent a petition to the Department of State Services (DSS) that 2Face Idibia is currently missing.

According to the statement in the petition, the family said 2Face Idibia was last seen on February 10, 2025, when he went out for his usual morning walk. He didn’t go out with his bodyguard and has since not returned.

Wilson Anuge, the Idibia family’s lawyer, released a statement stating that they had received calls from the legendary music icon requesting financial aid. This was unusual as they knew the singer was financially strong and had no reason to beg for money.

The statement reads in part, “Adding to the family’s distress are the calls from several of his close friends who have received messages from what appears to be his social media accounts soliciting financial assistance.

“These messages are alarming, as Mr. Innocent is financially independent and has never required assistance in such a manner. This has led his family to suspect that his identity may have been compromised and that someone may have abducted him and is actively manipulating him to exploit his contacts for monetary gain.

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“The implications of this situation are grave, and the possibility of foul play or coercion cannot be overlooked.

“It is worthy of note that the victim is a legend and holds a celebrity status in the Nigerian music industry, whom countless youths and citizens emulate, not to mention the victim’s wife, children, relations, and employees who have become traumatized, and his musical empire, which is now rendered comatose as a direct consequence of the suspect’s criminal act of abducting the victim and rendering him incommunicado.

“Our humble request is that you intervene urgently to investigate, locate, and rescue the victim from wherever the suspect is currently detaining him. We anticipate your unalloyed cooperation in this regard.”

This comes after 2Face Idibia’s mother went viral in a video on Thursday night, where she was begging her son’s new lover, Natasha Osawuru, to leave her son alone.

See the petition below:

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2Face Mother Begs Natasha – “Free my Son, Remove the Beads”

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February 14, 2025

1

2Face Idibia’s mother, Rose Idibia, has taken to social media to appeal to Nigerians to help her beg Natasha Osawuru, who is a member of the Edo House of Assembly, to leave her son alone.

She made this appeal in a video that went viral on Thursday, where she claimed her son is not acting in his right senses. She also told Natasha to remove the “beads you put on his hand and on his neck.”

The legendary music icon, 2Face Idibia, also known as 2Baba, has been making the rounds on social media with his engagement video to Natasha Osawuru.

In the video, Rose Idibia said, “Good evening, Nigerians. My name is Mrs. Rose Idibia, the mother of 2face. This message is for Miss Natasha Osawaru of Edo State. I’m calling on all mothers in Nigeria to help me beg her to free my son.

“My son is going through a divorce process, and he is clearly not in his right senses now. I know my son well. That is not him.

“Please Natasha, the beads you put on his hand and on his neck, remove them and free him,” she said.

WATCH THE VIDEO BELOW:

Please release my son, he’s not picking my calls.

2face’ mum to his new wife, Honorable Natasha. pic.twitter.com/kYb7z5tGS8

— OTUNBA (@ManLikeIcey) February 14, 2025

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Nedu Steps Down From Honest Bunch Podcast Amidst Allegation

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February 14, 2025

Mr. Chinedu Ani Emmanuel, the popular on-air personality (OAP), who is also known as Nedu, has announced his decision to step down from being an anchor in the Honest Bunch Podcast.

Nedu discussed why he decided to step down due to the negative news surrounding him, as VeryDarkMan (VDM) has accused him of demanding sex from female content creator Jojo before she could get a role.

All of this came to light when VDM was having a face-off with comedian Deeone, who had gone to the Honest Bunch podcast to accuse VDM of being gay.

This led to VeryDarkMan’s threat of releasing all the names of the girls Nedu has slept with. Although Jojo replied to VDM’s accusation, saying, “She never had anything to do with him.”

While stepping down, the OAP released a statement saying, “The past week has brought a lot into perspective for me. Hosting The Honest Bunch Podcast has been an incredible journey—one built on open conversations, bold perspectives, and the willingness to tackle difficult topics.

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“But with that responsibility has come an overwhelming level of scrutiny, antagonism, and unfounded accusations that have now begun to take a personal toll.

“In light of recent events, I have made the difficult decision to step away from the podcast. This is not a decision I take lightly, but one I believe is necessary—for my peace of mind, for my family, and for the integrity of the show itself.

“I have always been committed to honest conversations, but when those conversations lead to relentless attacks and misrepresentation, it becomes clear that stepping back is the best path forward.

“I sincerely hope this decision brings an end to the negativity surrounding my name and allows The Honest Bunch Podcast to continue thriving.

“I remain committed to fostering dialogue in ways that encourage meaningful engagement and growth, and I look forward to new opportunities that align with that vision.”

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Lagos Only Teaches Yoruba? Igbos Threaten Legal Action!

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February 14, 2025

Lagos Only Teaches Yoruba? Igbos Threaten Legal Action!

The Lagos State Government was condemned by the Igbo Women Assembly (IWA), a pressure group, over the imposition of the teaching of Yoruba language only in public schools.

The group has vowed to take the governance under Babajide Sanwo-Olu to court over that decision. Nneka Chimezie, IWA national president, made this known at a press conference in Umuahia on Thursday.

IWA is associated with Ohanaeze Ndigbo, a leading Igbo socio-cultural organization. Chimezie said the group is worried about a law like this in a cosmopolitan state like Lagos.

According to her, it is not right to ask the government to know that other tribes are dwelling in Lagos.

“They should throw it open: Let Igbo, Hausa, and Yoruba be taught,” she said.

Ms Chimezie, however, commended the Yoruba for preserving their language.

She requested Igbo sons and daughters to join IWA in fighting to prevent the Igbo language from going into extinction.

She said the group would host an event to honour the Igbo Language on February 21, in observance of the United Nation’s Mother Tongue Day.

“This programme is going to take place in Umuahia, and many good sons and daughters of Igboland will be gathered together to discuss what to do for our language.”

“So we are coming together to talk about our language… rub minds to see how we can actually salvage our language from going into extinction.”

Governance of Charles Soludo is required to set up committees to check Agunechemba, a vigilance group, and put an end to pre-trial killings in Anambra.

“The way they arrest, they should hand them over for police custody to be properly investigated and prosecuted rather than to kill.

“Agunechemba is not supposed to arrest and kill, and there has already been too much blood-letting and killing of our youths in the South-East,” Chimezie said.

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Danger Ahead! EFCC Says Yahoo Boys Now into Rituals

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February 14, 2025

Danger Ahead! EFCC Says Yahoo Boys Now into Rituals

Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has raised the alarm to the effect that Yahoo boys are now into ritual killings and banditry.

Speaking on Thursday while receiving the management of The PUNCH at the commission’s corporate headquarters in Abuja, Ola Olukoyede asserted that internet fraud had cost the nation over $500m in one year.

“We are doing the work. Last year alone, we had over 11,000 petitions, investigated close to 9,000, and prosecuted nearly 5,000 cases despite our limited manpower. Some people criticise us for going after Yahoo Yahoo boys, but they don’t understand the severity of the crime.

“It is no longer just about scamming people. They are now into kidnapping, banditry, and ritual killings. Some of our investigations have uncovered horrifying details, including cases where young female victims were used for rituals. If we don’t act decisively, in the next 10 years, we may not have a generation we can confidently hand over this country to,” said Olukoyede.

Olukoyede also said the EFCC has been cleaning its house, having dismissed 27 members of the commission last year due to graft allegations.

“You cannot be fighting corruption and be corrupt yourself. I have publicly challenged anyone to come forward with evidence that I have collected bribes in my years of service. Integrity is key in this fight, and we must lead by example,” he said.

The chairman of the EFCC urged the media to play a more active role in helping shape public perception of the commission and its work, advocating for more investigative journalism that exposes corruption and celebrates its own successes.

“The media has always been a key player in the anti-corruption fight. In the early 2000s, journalists were the ones who exposed many financial crimes, long before the establishment of the EFCC. We need to return to that era, where the media and law enforcement work together to protect the country,” he said.

Michael Nzekwe, the Chief of Staff to the EFCC Chairman, commended the media for its sensitisation and advocacy and called for greater collaboration.

“The media is a critical partner in this fight. The advocacy and awareness you create have helped sustain the anti-corruption movement in Nigeria. We ask for even more understanding in the way our work is reported. The fight against corruption is for the good of all Nigerians, not just the EFCC,” he said.

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Breaking: NASS Approves N54.9trn for 2025 Spending

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February 14, 2025

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Breaking: NASS Approves N54.9trn for 2025 Spending

It comprises the following outlay in the national budget: 3.6 trillion Naira for statutory transfers, 14.3 trillion Naira for debt servicing, 13.6 trillion Naira for running recurrent non-debt expenditure, and 23.9 trillion Naira for capital expenditure.

Earlier, President Bola Ahmed Tinubu had written to demanded an increase in the budget proposal from the initial N49.7 trillion to N54.2 trillion.

The review, he said, was as a result of additional revenue generated by the core agencies of government.

The approval for the budget followed the presentation of the reports by the Senate and House Committees on Appropriations during plenary Thursday.

Presenting the report, the Chairman of the Senate Committee on Appropriations, Senator Olamilekan Adeola (APC, Ogun), and his House counterpart, Abubakar Bichi (APC, Kano), said: “The House receives the report of the Committee on Appropriations for the Bill of an Act to authorize the issuance of the total sum of N54.9 trillion from the Consolidated Revenue Fund of the Federation.

“This includes N3.6 trillion for statutory transfers, N14.3 trillion for debt service, N13.6 trillion for recurrent (non-debt) expenditure, and N23.9 trillion for the Development Fund for capital expenditure for the year ending December 31, 2025.”

Meanwhile, the Chairman of the Appropriation Committee, Abubakar Bichi, has linked the rise of ₦700 billion in the 2025 budget to the withdrawal of American health support and the necessity for funding important infrastructural projects throughout Nigeria.

In a statement, Bichi said that the health assistance of the US government to some countries,

including Nigeria, was recently suspended, thus justifying the need for extra resources to complement the sector.

According to Bichi, the president requested to raise an additional $200 million (approximately ₦300 billion) for health programs such as tuberculosis, HIV, malaria, and polio. He further explained that an executive proposal defined the budget estimate to be around ₦340 billion for health and other priority sectors.

“When combined, this totals around ₦640 billion,” he noted. Further increases in request budget allocation to the sum of ₦700 billion were made by several other federal agencies, including INEC, NFYU, DSS, and many others.

The budgetary expansion would also help address Nigeria’s deficit in public capital expenditure, now over at ₦23 trillion. The additional funds will support:

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Policemen and Air Force in Fierce Clash over Yahoo Boy

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February 13, 2025

Following the viral video on social media showing the physical fight between policemen and the Nigerian Air Force personnel over a supposed internet fraudster.

This has led to serious tension being experienced in the Jeddo community, Okpe Local Government Area of Delta State, where the incident happened.

According to reports, the Nigerian police were in mufti and attempted to arrest an alleged internet fraudster who mistook them for kidnappers and fled to a nearby air force checkpoint for safety.

The Air Force personnel then swung into action to block the policemen who were already towing the suspect fraudster’s car to the station. They asked the policemen to identify themselves, which they did, but they were not satisfied with it.

They, however, restricted the police from taking the suspected fraudster away, which led to serious confrontations, arguments, and subsequently sporadic shootings in the area.

Some of the policemen sustained injuries until the Commander of the Nigerian Air Force showed up immediately to resolve the issue. The injured policemen were sent to the Air Force clinic for treatment.

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SP Bright Edafe, Delta State Police Command’s Public Relations Officer, issued a statement confirming the clash between the policemen and the Air Force personnel.

Edafe said, “The command is aware of the embarrassing situation between policemen attached to the Quick Response Squad of the Command and some Air Force personnel attached to Air Force Base Jeddo in Okpe Local Government Area, where the personnel of the Nigeria Air Force, without any provocation, attacked the policemen who were performing their lawful duty.

“On 11/2/2025, at about 1700 hours, operatives of the Quick Response Squad (QRS), while on crime prevention patrol, flagged down a Toyota Corolla car with reg. no. AKD-73-FL, but the occupants of the vehicle, on sighting the police, took to their heels, which prompted the policemen to go after them and arrest one of the suspects identified as Ibohama Precious, aged 25 years, and recover some weed suspected to be Indian hemp, Canadian loud, and other hard drugs.

“While the policemen were on their way to the station alongside the suspect and exhibit, upon getting to the Air Force checkpoint at Jeddo, they were stopped by the Air Force personnel and were told that they wouldn’t be allowed to proceed until they released the suspects they were carrying, which the policemen vehemently resisted, and subsequently, the Air Force personnel attacked the policemen without justification.

“The Delta State Police command under the leadership of CP Olufemi Abaniwonda, the Nigeria Air Force, Navy, Army, and other security agencies in the state have a cordial working relationship worthy of emulation, and the incident is indeed an embarrassing one.

“The Commissioner of Police Delta State CP Olufemi Abaniwonda and Airforce authorities are looking into the ugly incident and putting all modalities in place to forestall future occurrences of this embarrassing situation.”

Watch the video below:

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Amazing Singer Tems Now Co-owns an American Football Club

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February 13, 2025

Nigeria’s popular female singer, Tems, whose real name is Temilade Openiyi, has become a club partner to Major League Soccer (MLS) club, San Diego FC.

The club made an announcement through its chairman, Sir Mohamed Mansour, that Tems, through her company, the Leading Vibe, had joined the ownership group.

Through this, Tems has now become the first black woman to be involved in the ownership of an MLS club side.

Mansour said, “We are delighted that Tems has joined San Diego FC as a club partner.

“Tems is a globally significant artist who will help us reach new audiences and spread the word about our unique project, which, of course, has its foundations in sub-Saharan Africa through the unique Right to Dream organization.”

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Reacting to her addition as the latest partner in SDFC’s ownership group, the singer said, “I am thrilled to join San Diego FC’s ownership group and to be part of a club that celebrates creativity, culture, and the power of community.

“Football has a unique way of bringing people together, and I am excited to help build something special in San Diego, a city that thrives on diversity and innovation.”

SDFC CEO Tom Penn also weighed in on Tems’s addition to the ownership group. He said her personality and passion align well with what the club stands for.

“Tems is an extraordinary artist and cultural force worldwide.”

“We are honored to have her join our club and bring her visionary perspective to San Diego FC. Her passion for empowering the next generation aligns perfectly with our mission, and her commitment to creating opportunities for young talent domestically and globally reflects the core values of Right to Dream. We also look forward to creating meaningful connections between the music world and San Diego FC, uniting communities through the shared power of culture and sport.”

Tems is a 2x Grammy Award-winning artist and an Oscar nominated singer – songwriter.

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Amotekun Hijacks Sex Trafficking Ring, Arrests 16 Suspects

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February 13, 2025

The security outfit in the western part of Nigeria, Amotekun, hijacked a sex trafficking ring in the Ifo local government area, Ogun State. They arrested 16 suspects during their operation.

The operation was carried out at Railway Line Hotel, located along Old Bank Road in Ifo, where the suspects were supposedly residing and using as a place of business.

Among the suspects arrested by Amotekun are Anabell Udo, Ubong Rejoice, Edaefe Sharon, Godwin Bassey, Okon Lovett, Eden Miracle, Monday Angel, Marvelous Samuel, Edet Nice, Asukwo Gift, Effiong Joy, Effiong Blessing, Asukwo Faith, UK Saviour, Andrew Ella, and Eden Joy.

Commander Alade Adedigba, the state commandant of the Amotekun security corps, gave a press briefing while the suspects were on parade at the state’s command in Abeokuta. He said the suspects arrested were between the ages of 12 and 29 years old and the success of the operation on Wednesday, was down to the intelligence report they received on Saturday.

He also emphasized on how the girls being trafficked were from Akwa Ibom, while the others came from Cross River and Delta states.

Alade Adedigba said, “We received intelligence reports on the 8th of this month, and based on that, we have been processing the intelligence. At about 6:15 am today, we were able to arrest 16 of them, ranging between 12 and 29 years of age.

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“They were all arrested at a venue, Railway Line Hotel, Old Bank Bus Stop, in Ifo town. The main suspect is Mrs Eden Joy. She was the one who trafficked all these individuals, but in her statement, she mentioned that the owner of the hotel, one Mrs Okutoro Yemisi, aged 60, is her boss.”

The Amotekun commandant also disclosed that during their interrogation of the suspects, they claimed they were moved from their different locations down to Ifo for the promise of a better life. They were equally made to swear an oath and some parts of their hair cut for rituals.

Some of the items recovered included a sum of N819,600, various types of drugs, a carton of condoms, energy enhancers, and packs of tissue paper, among others.

The suspects also revealed that tissue paper used by their clients was collected and kept by their boss.

He further added, “These victims also made us (Amotekun) understand that most of the tissue paper used by customers is usually kept and handed over to the trafficker for some other purposes.

“So, for those who patronize individuals like this, you need to be very careful for your own safety and security.”

The commandant also lamented the whole situation, saying these suspects are young and should be in school instead of practicing such illegal acts for financial gain.

He warned that Ogun State would not tolerate any form of lawlessness, indiscipline, or anything that could threaten security, as Amotekun is here to stay.

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Coinbase Eyes India Return Amid Crypto Boom

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February 13, 2025

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Coinbase Eyes India Return Amid Crypto Boom

Coinbase is resuming operations in India reluctantly more than a year after it has permanently ceased operations within the world’s most populous country.

The American crypto exchange is interacting with multiple authorities in India, including FIU, which is India-based agency of Government of India, that scrutinizes financial transactions, according to two sources familiar with the matter and who spoke on condition of anonymity because deliberations are ongoing and private.

Coinbase is also involved in India after a tumultuous history in the South Asian market. Binance, the world’s largest cryptocurrency exchange, resumed operations in India last August after registering itself with the FIU following a regulatory halt of seven months.

The establishment of this landmark was a precedent for foreign crypto exchanges that seek to operate in India.

Coinbase’s last effort to launch its services in India was abruptly terminated in 2022.

Much fanfare was previously heaped on the launch in April of the same year, after much singing and dancing, when people were told that UPI payments would support the digital currency.

Three days later, the National Payments Corporation of India, which controls UPI, rejected Coinbase but had to be withdrawn.

In a later report, the chief executive of Coinbase, Brian Armstrong, disclosed that informal pressure from the Reserve Bank of India had been instrumental in halting the trading activity.

Although cryptocurrency trading is not illegal in the country, almost all lenders avoid rendering any services to virtual asset firms within the country to maintain their cool with the central bank, according to several entrepreneurs, investors, and other officials.

Coinbase’s timetable for relaunch will depend on how fast it can get necessary approvals, such as an operating license from the FIU.

Those covered by the earlier ruling include Kraken and Binance, which had been judged by the agency as having “illegally” operated in India. (Most of these firms have since complied with the FIU in creating broader disclosures on users’ activities.)

“Coinbase is truly excited about the prospects in the Indian market and wishes to engage itself within the necessary regulatory framework,” a spokesperson for the company said to TechCrunch in response to a query about developments concerning FIU registration.

This interest in India from the crypto exchange also coincidentally ties into its larger dreams of international expansion per remarks by Coinbase CFO Alesia Haas at a recent Goldman Sachs conference.

Moreover, Paul Grewal, chief legal officer at Coinbase, this week joined the board of directors of U.S.-India Business Council, part of the U.S. Chamber of Commerce.

“I’m honored to join the USIBC Board to help strengthen the bridge between India and the U.S. in shaping the future of finance,” he said in a statement shared by USIBC. “India has one of the largest and fastest growing web3 ecosystems in the world, with an exploding developer community, pioneering startups, and bold institutional adoption. Its share of global web3 developers has increased fourfold since 2018 up to 12%, the highest growth in developing markets.”

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February 13, 2025