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1. Intruders strike in Limassol, steal €51,000 from Russian investor

Authorities are investigating a robbery case involving a 36-year-old Russian entrepreneur who fell victim to a theft during a cryptocurrency transaction. ...

2. Lather, rinse, repeat

Everywhere we turn in Cyprus, the specter of money laundering looms large. It was an open secret for years that our banking system was complicit, resulting in repercussions from foreign authorities....

3. Bitcoin surpasses $57,000 on ETF boost and corporate investments

Bitcoin reached a milestone, surpassing $57,000, driven by increasing demand from exchange-traded funds (ETFs) and corporate investments, notably by MicroStrategy. ...

4. Nicosia senior swindled of €480,000 in cryptocurrency scam

In a disturbing turn of events, a 73-year-old resident of Nicosia has fallen prey to a sophisticated internet fraud scheme, resulting in a substantial loss of over €480,000 in a cryptocurrency scam....

5. January Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

6. Lagarde's stance on cryptos revealed amidst family investment fallout

European Central Bank President Christine Lagarde disclosed that her son experienced significant losses while investing in cryptocurrency, as reported by Reuters on November 24. ...

7. Investors pull $956M from Binance after CEO resigns amid legal woes

In the aftermath of Binance CEO Changping Zhao's resignation and guilty plea, investors withdrew approximately $956 million from the cryptocurrency exchange within the last 24 hours. ...

8. Binance's Zhao, steps down as CEO

In a significant development for the cryptocurrency world, Changpeng Zhao, better known as CZ, has announced his resignation as the chief executive officer of Binance....

9. Guardian: Russian money flows ''without questions'' in the occupied territories

In the Turkish-occupied northern Cyprus, an influx of Russian speakers, particularly from the former Soviet Union, has turned the area into a real estate hotspot. ...

10. Cyprus banks bracing for profit squeeze according to Moody's

Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....

11. Crypto 'wonder boy' Sam Bankman-Fried convicted in $8 billion fraud

Sam Bankman-Fried, the former billionaire founder of FTX, a prominent cryptocurrency exchange, was found guilty on Thursday of orchestrating one of the most significant financial frauds in history....

12. Rising scams in Cyprus

Telephone and online scams are on the rise in Cyprus, targeting vulnerable elderly individuals and attempting to swindle their hard-earned money....

13. From ''lovers'' to ''doctors'': Cyprus confronts rising online fraud

Cyprus is witnessing a significant annual increase in online fraud cases, according to Andreas Anastasiades, the Director of the Electronic Crime Sub-Directorate. ...

14. Uncle says Little Hacker was scouting for burial sites

The disappearance of a Limassol man feared murdered has become more complicated after the uncle of the main suspect, known as Little Hacker, offered to point investigators to possible burial sites claiming they were picked by his nephew...

15. Police build disappearance case but no breakthrough

The disappearance of a Limassol man said to be implicated in a convoluted cryptocurrency case continues to baffle Cypriot authorities, following additional arrests and search parties expected to continue after an unsuccessful holiday weekend...

16. Disappearance less clear after cops nab hacker’s pal

A man said to be an acquaintance of Little Hacker, the detained suspect in a disappearance case possibly linked to cryptocurrency theft, has also been nabbed by police after investigators became suspicious over partial statements he had made, but charges still remained unclear...

17. Police suspect foul play in cryptic disappearance case

A local man who did time in a US prison and is also being accused of bitcoin theft in Cyprus has turned himself in, but he is reportedly not answering questions about the disappearance of a man whose torched vehicle was found in rural Nicosia last week...

18. Hackers leak Open University data after ransom demand not met

The Open University of Cyprus failed to meet the deadline set by the "Medusa" group of hackers to pay a ransom in exchange for not releasing sensitive personal data....

19. Deadline looms for hackers' threat to release Open University data

The clock is ticking for the Open University as the deadline looms for a group of hackers called 'Medusa' to release personal data that they intercepted. ...

20. Man scammed out of 200,000 euros

A 25-year-old man has been arrested for allegedly failing to deliver the agreed amount of cryptocurrencies to a 43-year-old man who reportedly paid 200,000 euros for the digital assets. The transaction was made on February 21, according to the TAE Limassol....

21. Money-laundering platform with ties to Cyprus seized

The Cyprus Police took part in a joint European operation that led to the seizure of an online cryptocurrency platform/exchange that was being used to launder money from illegal activities. ...

22. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

23. MEP Eva Kaili fires back from jail cell

An attorney for EU lawmaker Eva Kaili, who is accused of being involved in an alleged bribery scandal involving a Gulf state, says money found in his client’s Brussels home did not belong to her, while a Cypriot MEP says he was troubled by her colleague’s stance towards Turkey’s ally Qatar...

24. Cyprus to extend FTX EU license suspension

Cyprus’ securities regulator plans to extend the suspension of the license of FTX EU and will meet to discuss the matter next week, a spokesperson said on Tuesday...

25. Crypto world shaken as Europe arrests MEP

The arrest of MEP Eva Kaili on corruption charges involving a Gulf state has sparked media frenzy over the weekend, with Qatar refuting reports that the world cup host is involved while Belgian officials have not named the country that allegedly attempted to bribe the crypto ally...

26. 'FTX-style crypto crash won’t happen in Europe'

The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back....

27. World's largest crypto exchange platform to set up shop in Cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

28. Investors lost $1 billion on FTX, prompting calls for industry regulation

The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...

29. FTX's European operations suspended indefinitely

The company is taking a wait-and-see approach until further notice in order to deal with FTX International and the more than $8 billion hole it has created...

30. Self check-in and robots - the future of tourism in Cyprus