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Category: Finance

  • MIL-OSI USA: Crapo and Bipartisan Senators Introduce Bill to Empower States and Communities to Reduce Homelessness

    US Senate News:

    Source: United States Senator for Idaho Mike Crapo

    Washington, D.C.–U.S. Senators Mike Crapo (R-Idaho), Mike Rounds (R-South Dakota), Tina Smith (D-Minnesota) and Jack Reed (D-Rhode Island) introduced the Reducing Homelessness Through Program Reform Act, legislation to cut red tape and create local solutions for addressing homelessness.

    “With rising rates of homelessness sweeping across America, nonprofit organizations on the front lines deserve maximum support as they stretch limited donations and funding to provide shelter, food, skills training, addiction recovery and hope to our friends and neighbors who need it most,” said Crapo.  “This bipartisan legislation is urgently needed to strengthen the Housing Choice Voucher Program, remove burdensome regulations and better coordinate between diverse agencies serving unhoused individuals.”

    As of January 2024, the U.S. Department of Housing and Urban Development (HUD) reported approximately 771,480 people experiencing homelessness during the annual point-in-time count.  The 2024 count represented an all-time high, which was an 18 percent increase from 2023.  The 2025 point-in-time count results have not been released by HUD. 

    Specifically, the Reducing Homelessness Through Program Reform Act:

    Eases the bureaucratic burdens for Continuum of Care organizations by moving the time intensive annual application process for funding to every other year.

    • Empowers local communities by cutting federal red tape and allowing homeless service providers to respond more quickly and effectively to local needs.
    • Removes unnecessary federal barriers that prevent individuals from accessing housing and support services in a timely manner.
    • Makes commonsense reforms to the Housing Choice Voucher Program by streamlining unit inspections, income verification and allowable uses of funds–reducing waste and inefficiency.
    • Studies the hiring, retention and compensation of staff at all levels of homeless service organizations.
    • Authorizes specific and targeted funding to upgrade the outdated software used for applications and grant management of the CoC Program. 
    • Improves coordination between local healthcare systems, law enforcement, veterans’ programs and job training services to deliver integrated support and reduce repeat homelessness or justice system involvement.
    • Supports better use of data–including advanced tools like artificial intelligence–to making sure resources are going where they are needed most.
    • Establishes more feedback mechanisms for service providers and people with lived experience of homelessness to advise HUD on the effectiveness of federal homelessness policies and programs.
    • Continues the work of the U.S. Interagency Council on Homelessness and increases congressional oversight of the council.

     
    “Despite record levels of federal funding, homelessness continues to rise.  It’s clear that a one-size-fits-all approach isn’t working,” said Rounds.  “The challenges we face in South Dakota are not the same as those in California or New York.  This legislation takes a conservative approach by shifting power back to the states and communities closest to the problem.  This commonsense bill cuts red tape and enables local leaders to deliver faster, more effective and more appropriate solutions for the people they serve.”

    “Without a safe, affordable place to live nothing else in your life works–not your job, health, family or education,” said Smith.  “This bipartisan bill makes commonsense reforms to federal homelessness programs: cutting red tape for homeless service providers, streamlining and improving federal housing vouchers, reducing administrative burden and modernizing out-of-date software systems.  It will reduce homelessness while using taxpayer dollars more efficiently.  We know that the best ideas come from those closest to the issues, and that’s why our legislation gives local leaders in Minnesota and across the country the tools and flexibility they need to address homelessness no matter the ZIP code.”

    “At a time when more Americans are facing homelessness and there are fewer federal resources available, we must do everything we can to make programs more effective and assist people by connecting them to housing, local health systems and behavioral health programs that can offer the ongoing, community-based support they need,” said Reed.

    This legislation is endorsed the Bipartisan Policy Center; National Low Income Housing Coalition; the Council of State Community Development Agencies, whose members include the Idaho Department of Commerce and the Idaho Housing and Finance Association; the National Alliance to End Homelessness; Catholic Charities USA and the Mayors and CEOs for U.S. Housing Investment.

    “Bipartisan Policy Center (BPC) Action is proud to endorse the Reducing Homelessness Through Program Reform Act and applauds Senators Mike Rounds, Tina Smith, Mike Crapo and Jack Reed for their bipartisan leadership.  The bill’s focus on cutting red tape, streamlining the Housing Choice Voucher program and improving data coordination aligns closely with the proposals put forth by BPC in its American Housing Act,” says Michele Stockwell, president of Bipartisan Policy Center Action.  “These practical reforms will help communities more effectively address homelessness and connect people with housing and services.”

    “Streamlining systems isn’t just good governance–it’s what’s needed to meet the urgent housing needs of people across the country,” said National Low Income Housing Coalition President and CEO Renee Willis.  “The bipartisan Reducing Homelessness Through Program Reform Act enacts common-sense reforms to improve coordination between government agencies and the private sector, ensuring programs more effectively serve people with the most urgent housing needs.” 

    Read the full text of the bill here.

    MIL OSI USA News –

  • MIL-OSI USA: Pelosi Joins House Democrats in Challenging Trump’s Unlawful, Chaotic Imposition of IEEPA Tariffs in Appeals Court

    Source: United States House of Representatives – Congresswoman Nancy Pelosi Representing the 12th District of California

    Washington, D.C. — On Tuesday, Speaker Emerita Nancy Pelosi joined 161 Members of Congress and 29 Senators in filing an amicus brief before the U.S. Court of Appeals for the Federal Circuit challenging President Donald Trump’s sweeping and chaotic tariffs that were unlawfully imposed under the International Emergency Economic Powers Act (IEEPA). The lawmakers’ brief stands up for Congress’s Article I executive legislative powers and argues that the IEEPA is not a tariff statute and that Congress did not intend or provide for the IEEPA to be used as a tariff statute. 

    The amicus brief was led by House Democratic Leader Hakeem Jeffries, Task Force Chair Joe Neguse, House Judiciary Ranking Member and Task Force Co-Chair Jamie Raskin, House Foreign Affairs Ranking Member Gregory Meeks, and Ways and Means Ranking Member Richard E. Neal, as well as Senate Foreign Relations Ranking Member Jeanne Shaheen and Senate Finance Ranking Member Ron Wyden. It was filed in the matter of Oregon, et al., v. Trump, et al., which was brought forth by 12 States’ Attorneys General. 

    In May, the Task Force successfully filed a brief in the same matter before the Court of International Trade (CIT). The CIT decision referenced our brief and struck down the President’s illegal tariffs under IEEPA. The Administration has now appealed the lower court’s ruling, and the matter is now before the U.S. Court of Appeals for the Federal Circuit. 

    The Constitution gives Congress, not the President, the authority to impose tariffs, and the President can only raise tariffs if Congress has clearly delegated its authority to him. Although IEEPA (enacted in 1977) grants the president authority to impose sanctions, block foreign assets, and regulate economic transactions in response to “unusual and extraordinary threats” originating abroad, it is not a tariff statute and has never been used that way. Congress knows how to delegate tariff authority and has clearly done so on a number of occasions. When Congress does delegate such authority, it imposes substantive, procedural, and temporal limits on the president’s power in order to avoid economic chaos and protect the American people. 

    The full brief is available HERE.

    MIL OSI USA News –

  • MIL-OSI USA: LaMalfa Statement on House Passage of Budget Reconciliation Package

    Source: United States House of Representatives – Congressman Doug LaMalfa 1st District of California

    Washington, D.C.—Today, Congressman Doug LaMalfa (R-Richvale) released the following statement after the House passed the budget reconciliation package, sending it to President Trump’s desk for final approval:

    “This package delivers a lot of what we’ve been pushing for years. It means more jobs and a stronger economy. It makes Social Security checks tax-free for most seniors, protects Medicare, makes sure tips and overtime pay aren’t taxed, and extends tax relief so families can hold on to more of what they earn. It also opens up more of our country for energy and timber production and takes care of the West’s water needs by fixing canals and building more storage. It funds actually securing the border so we can finally finish the wall, remove criminal illegal aliens and get this crisis under control. Importantly, it gets us back to the principle that if you’re a healthy able-bodied adult, you should be employed. I’m glad to see the House pass it and look forward to seeing it signed into law.”

    The budget reconciliation package is expected to be signed into law by the President in the coming days.

    Background:

    • Tax Relief for Working Americans: Extends significant tax cuts, including about a 15% cut for those earning $30,000–$80,000. Expands the Child Tax Credit and adds a senior tax deduction of $6,000 to offset taxes on Social Security. Also exempts tips and overtime from being taxed. The median family in California’s 1st District will save around $3,500 under this bill.
    • Helping Families Afford New Cars: Makes it easier for working Americans to purchase new vehicles by making interest on new purchases of American made cars deductible.
    • Strengthens Timber & Farming: Expands timber harvesting and strengthens crop insurance and conservation tools, without adding red tape.
    • Public Lands: No sale of federally managed public lands.
    • Water Storage Expansion: Invests $1 billion to upgrade and expand water storage and fix canals, helping the West store and deliver more water in wet years.
    • Rural Healthcare: Includes a new $50 billion fund to keep rural hospitals afloat as states change Medicaid formulas.
    • Medicaid & SNAP Reform: Requires able-bodied adults without dependents (ABAWDs) to work, volunteer, or pursue education for at least 80 hours per month. Ends benefits for 1.4 million illegal immigrants.
    • Protects Seniors: Does not touch Social Security or Medicare while adding additional tax deductions to help seniors.
    • Energy & Resource Development: Repeals Green New Deal-style handouts, expands American oil, gas, and mineral production.
    • Border Security & Immigration Enforcement: Fully funds Trump’s border wall, ramps up deportations, adds thousands of new ICE and Border Patrol agents.

    Congressman Doug LaMalfa is Chairman of the Congressional Western Caucus and a lifelong farmer representing California’s First Congressional District, including Butte, Colusa, Glenn, Lassen, Modoc, Shasta, Siskiyou, Sutter, Tehama and Yuba Counties.

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    MIL OSI USA News –

  • MIL-OSI USA: Davids Unveils Comprehensive Tax Reform Framework to Lower Costs, Expand Economic Opportunity, Promote Fiscal Responsibility

    Source: United States House of Representatives – Congresswoman Sharice Davids (KS-3)

    Rejecting the GOP Tax Scam, Rep. Davids is charting a new path forward

    Today, Representative Sharice Davids joined the New Democrat Coalition in unveiling a new Tax Framework aimed at advancing commonsense reforms that deliver better outcomes for Kansas’ hardworking families, support small businesses, and strengthen our long-term economy.

    The Framework stands in clear contrast to President Trump and Congressional Republicans’ extreme tax plan, which slashes health care and nutrition support for working families to pay for tax breaks for billionaires — adding $3.3 trillion to the national debt.

    “We should be focused on finding commonsense solutions that lower costs for hardworking families — not on extreme proposals that only benefit billionaires and the wealthiest corporations,” said Davids. “This new framework puts Kansas families and small businesses first by lowering costs, supporting job creation, and ensuring we grow the economy without adding to the national debt.”

    The Framework lays out a policy roadmap capable of amassing support on both sides of the aisle, including more than 20 pragmatic solutions that fall into one of three principles: lowering costs for middle class families and hardworking Americans; expanding economic opportunity and growing American jobs and businesses; and promoting fiscal responsibility and long-term economic security. 

    Framework Goals (read more here):

    1. Lower Costs for Working Families:
      • Support American Families and Children
        • Ex: Extend the expanded, refundable Child Tax Credit
      • Reward Work and Support Economic Mobility
        • Ex: Simplify and expand access to work-related tax benefits, including commuting and caregiving expenses
      • Make Higher Education and Training More Affordable
        • Ex: Update the tax code to recognize modern training and credentialing programs to support lifelong learning and upskilling
    2. Sustained Economic Growth and Grow American Jobs and Businesses:
      • Strengthen Innovation and Investment
        • Ex: Support tax incentives for domestic research and development and manufacturing
      • Support Small Business and Entrepreneurs
        • Ex: Modernize and simplify small business tax provisions to reduce compliance burdens and help startups and small businesses scale and compete
      • Promote Long-Term, Broad-Based Growth
        • Ex: Ensure international tax rules encourage U.S. investment and onshoring, keep IP in the U.S., and American companies are globally competitive
    3. Fiscal Responsibility and Long-Term Economic Security:
      • Lower annual deficits
        • Ex: Reject irresponsible tax policies that primarily benefit the wealthiest individuals at the expense of working families and the deficit
      • Stabilize and then reduce debt-to-GDP ratio
        • Ex: The more the U.S. spends on interest on the debt, the less it can spend on children, Social Security, Medicare, and defense

    This week, President Trump and Congressional Republicans are pushing a budget plan that gives tax breaks to the ultra-wealthy and large corporations while raising costs and cutting services for everyone else. Davids previously voted against a version of this bill because it would:

    • Gut Medicaid and force rural hospitals to close;
    • Increase grocery prices and put smaller grocery stores at risk of closing;
    • Cut clean energy tax credits that are saving Kansans money on energy bills and supporting domestic manufacturing;
    • Add $3-5 trillion to the national deficit through 2034;
    • Raise taxes on hardworking families to fund tax giveaways for billionaires.

    The New Democrat Coalition is a group of more than 100 forward-thinking, solutions-focused House Democrats committed to growing the economy, strengthening communities, and protecting our democracy. Representing more than half the Democratic Caucus, they work across the aisle to deliver real results on issues like health care, housing, and national security.

    MIL OSI USA News –

  • MIL-OSI Security: Ojo Amarillo Man Pleads Guilty to Violent Assault Resulting in Serious Injuries

    Source: US FBI

    ALBUQUERQUE – An Ojo Amarillo man pleaded guilty to a violent assault that left the victim with lasting disfigurement.

    According to court records, on May 6, 2025, Kyle Kee, 44, an enrolled member of the Navajo Nation, intentionally struck the victim with his fists. As a result, the victim suffered an orbital floor fracture, nasal bone fractures, and facial disfigurement.

    Kee pleaded guilty to one count of assault resulting in serious bodily injury. At sentencing, Kee faces up to 10 years in prison. Upon his release from prison, Kee will be subject to up to three years of supervised release.

    U.S. Attorney Ryan Ellison and Philip Russell, Acting Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

    The Farmington Resident Agency of the Federal Bureau of Investigation’s Albuquerque Field Office investigated this case with assistance from the Navajo Police Department and Navajo Department of Criminal Investigations. Assistant U.S. Attorney Aaron Jordan is prosecuting the case.

    MIL Security OSI –

  • MIL-OSI Security: Ojo Amarillo Man Pleads Guilty to Violent Assault Resulting in Serious Injuries

    Source: US FBI

    ALBUQUERQUE – An Ojo Amarillo man pleaded guilty to a violent assault that left the victim with lasting disfigurement.

    According to court records, on May 6, 2025, Kyle Kee, 44, an enrolled member of the Navajo Nation, intentionally struck the victim with his fists. As a result, the victim suffered an orbital floor fracture, nasal bone fractures, and facial disfigurement.

    Kee pleaded guilty to one count of assault resulting in serious bodily injury. At sentencing, Kee faces up to 10 years in prison. Upon his release from prison, Kee will be subject to up to three years of supervised release.

    U.S. Attorney Ryan Ellison and Philip Russell, Acting Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

    The Farmington Resident Agency of the Federal Bureau of Investigation’s Albuquerque Field Office investigated this case with assistance from the Navajo Police Department and Navajo Department of Criminal Investigations. Assistant U.S. Attorney Aaron Jordan is prosecuting the case.

    MIL Security OSI –

  • MIL-OSI Security: Mount Vernon Police Sergeant Sentenced for Use of Excessive Force

    Source: US FBI

    United States Attorney for the Southern District of New York, Jay Clayton, announced that MARIO STEWART, a Sergeant with the Mount Vernon Police Department (“MVPD”), was sentenced by U.S. District Judge Kenneth M. Karas to six months in prison.  While working as a Sergeant for the MVPD in 2019, STEWART used excessive force against an individual experiencing a mental health crisis (the “Victim”), tasing him seven times over the course of several minutes, in violation of the Victim’s rights under the U.S. Constitution.

    “New Yorkers depend daily on the women and men of law enforcement,” said U.S. Attorney Jay Clayton.  “We trust them to keep us safe, to act in line with their training, and to respect our individual rights.  This trust, earned over decades, is essential to our way of life.  When a law enforcement officer breaches that trust, we are all affected.  Yesterday’s sentencing was about protecting the trust between our communities and our police departments.”

    According to the Indictment, court filings and statements made in court:

    On or about March 26, 2019, STEWART was employed as a Sergeant with the MVPD.  STEWART was assigned to the MVPD’s Emergency Services Unit, which is responsible for, among other things, responding to individuals who are experiencing mental health crises.  On that day, STEWART and six other MVPD officers received a call to assist the Victim in Mount Vernon, New York, as the Victim was experiencing a mental health crisis.

    At the scene, STEWART and the other MVPD officers restrained the Victim, handcuffing his hands behind his back and securing his legs in a restraint bag in preparation to transport the Victim for medical assistance.  When the MVPD officers were unable to pull the restraint bag over the Victim’s chest because the Victim was holding onto one of the bag’s straps, STEWART directed the Victim to release the strap.  STEWART then deployed his taser seven times on the Victim. During each of STEWART’s taser deployments, the Victim remained laying on the ground, handcuffed with his hands behind his back and his legs secured in the restraint bag.  STEWART’s actions caused bodily injury to the Victim, including extreme pain.   

    In pronouncing STEWART’s sentence, U.S. District Judge Kenneth M. Karas stated that a prison sentence was necessary “to send a clear message” to law enforcement that “even though your job is really hard, and even though you protect us every day and you have to make really tough decisions, there are still times where you have to yield to authority, and where the line is clear, you cannot cross it. . . . The people of Mount Vernon have to know that they will not be themselves victims of their law enforcement officers.”

    *               *                *

    In addition to the prison term, STEWART, 46, of Brooklyn, New York, was also sentenced to six months of home confinement.

    Mr. Clayton praised the outstanding investigative work of the Federal Bureau of Investigation and thanked the Westchester County District Attorney’s Office and the MVPD for their assistance with the investigation.

    The case is being handled by the Office’s Civil Rights Unit in the Criminal Division. Assistant U.S. Attorneys Sam Adelsberg and Jared Hoffman are in charge of the prosecution.

    MIL Security OSI –

  • MIL-OSI Security: Mount Vernon Police Sergeant Sentenced for Use of Excessive Force

    Source: US FBI

    United States Attorney for the Southern District of New York, Jay Clayton, announced that MARIO STEWART, a Sergeant with the Mount Vernon Police Department (“MVPD”), was sentenced by U.S. District Judge Kenneth M. Karas to six months in prison.  While working as a Sergeant for the MVPD in 2019, STEWART used excessive force against an individual experiencing a mental health crisis (the “Victim”), tasing him seven times over the course of several minutes, in violation of the Victim’s rights under the U.S. Constitution.

    “New Yorkers depend daily on the women and men of law enforcement,” said U.S. Attorney Jay Clayton.  “We trust them to keep us safe, to act in line with their training, and to respect our individual rights.  This trust, earned over decades, is essential to our way of life.  When a law enforcement officer breaches that trust, we are all affected.  Yesterday’s sentencing was about protecting the trust between our communities and our police departments.”

    According to the Indictment, court filings and statements made in court:

    On or about March 26, 2019, STEWART was employed as a Sergeant with the MVPD.  STEWART was assigned to the MVPD’s Emergency Services Unit, which is responsible for, among other things, responding to individuals who are experiencing mental health crises.  On that day, STEWART and six other MVPD officers received a call to assist the Victim in Mount Vernon, New York, as the Victim was experiencing a mental health crisis.

    At the scene, STEWART and the other MVPD officers restrained the Victim, handcuffing his hands behind his back and securing his legs in a restraint bag in preparation to transport the Victim for medical assistance.  When the MVPD officers were unable to pull the restraint bag over the Victim’s chest because the Victim was holding onto one of the bag’s straps, STEWART directed the Victim to release the strap.  STEWART then deployed his taser seven times on the Victim. During each of STEWART’s taser deployments, the Victim remained laying on the ground, handcuffed with his hands behind his back and his legs secured in the restraint bag.  STEWART’s actions caused bodily injury to the Victim, including extreme pain.   

    In pronouncing STEWART’s sentence, U.S. District Judge Kenneth M. Karas stated that a prison sentence was necessary “to send a clear message” to law enforcement that “even though your job is really hard, and even though you protect us every day and you have to make really tough decisions, there are still times where you have to yield to authority, and where the line is clear, you cannot cross it. . . . The people of Mount Vernon have to know that they will not be themselves victims of their law enforcement officers.”

    *               *                *

    In addition to the prison term, STEWART, 46, of Brooklyn, New York, was also sentenced to six months of home confinement.

    Mr. Clayton praised the outstanding investigative work of the Federal Bureau of Investigation and thanked the Westchester County District Attorney’s Office and the MVPD for their assistance with the investigation.

    The case is being handled by the Office’s Civil Rights Unit in the Criminal Division. Assistant U.S. Attorneys Sam Adelsberg and Jared Hoffman are in charge of the prosecution.

    MIL Security OSI –

  • MIL-OSI USA: RELEASE: Harder Demands Release of Frozen Education Funding for San Joaquin County Ahead of New School Year

    Source: United States House of Representatives – Congressman Josh Harder (CA-10)

    $18 million for hiring teachers, STEM education, and after-school programs locked up

    Clock running out with first day of school just weeks away

    STOCKTON – Today, in response to unacceptable education funding freezes just weeks away from the first day of school, Rep. Josh Harder (CA-09) demanded the immediate release of these funds to ensure Valley students heading into the new school year aren’t affected. More than $18 million in federal funding promised to San Joaquin County is currently locked up.

    Here’s what’s on Washington’s chopping block:

    • Funding for homework assistance and after-school clubs.
    • Investments in STEM education and digital learning services.
    • Hiring and training more teachers — one local school district has a 100+ shortage.

    “Make no mistake — this is an attack on our kids and their futures, and I’m furious that Washington is trying to pull the rug out from under our schools just weeks away from the first day of school,” said Rep. Harder. “Working families deserve to know that their tax dollars are going to invest in our schools, not sit locked up in the hands of politicians. I’m calling on Washington to immediately reverse this mindless decision before it’s too late.”

    In his letter, Harder urged Washington to:

    • Immediately release the $18 million promised to San Joaquin County.
    • Restore funding for hiring teachers and providing education programs.
    • Prioritizekids’ education and career futures.

    Read the full letter here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: MEGABILL: Harder Condemns Largest Health Care Cut in American History

    Source: United States House of Representatives – Congressman Josh Harder (CA-10)

    Rips health care away from nearly 50,000 San Joaquin County residents, lays off 3,000 health care workers 

    Finances trillions in handouts for billionaires like Elon Musk

    WASHINGTON – Today, following the U.S. House of Representatives’ passage of the largest health care cut in American history, Rep. Josh Harder (CA-09), who voted no, released the following statement condemning the bill:

    “I’m heartbroken for our community. This bill is cruel beyond words. It rips health care away from 50,000 people in San Joaquin County, shutters clinics, lays off thousands of health care workers, and sends premiums through the roof – all so billionaires like Elon Musk can get another handout. 

    “Thousands of working families will lose access to in-home care for aging parents. They’ll be forced to skip doctor’s appointments for their kids. They won’t be able to afford an emergency room visit if there’s an accident. This isn’t just politics, this is life and death.

    “Our families were already stretched thin – now they’re being kicked off their health care so the rich can get even richer. I’m heartbroken. I’m furious. I voted no, and I’ll do everything in my power to fight back against this heartless betrayal.”

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    MIL OSI USA News –

  • MIL-OSI USA: Panetta Secures New Federal Funding for Monterey Regional Airport Modernization

    Source: United States House of Representatives – Congressman Jimmy Panetta (D-Calif)

    Monterey, CA – United States Representative Jimmy Panetta (CA-19) announced a new $5,353,204 federal grant for the Monterey Regional Airport to continue construction on its new state-of-the-art terminal.  The funding, made possible through the Bipartisan Infrastructure Investment and Jobs Act, will support Phase 5 of the terminal replacement project, including the relocation of utilities and the construction of a new public parking lot.

    This latest federal investment builds on Rep. Panetta’s long-term commitment to delivering modern, safe, and sustainable infrastructure to California’s 19th Congressional District, even as federal programs come under increasing threat of cuts or elimination from the Trump Administration.

    “Despite this Administration slashing federal funding for local infrastructure programs, I was able to work and obtain this federal investment for our community,” said Rep. Panetta.  “This new federal funding for Monterey Regional Airport will help it modernize with safer, more efficient, and more sustainable facilities.  I’ll continue my fight to deliver results that improve our economy and enhance the daily lives of those who call California’s 19th Congressional District home.”

    “This funding is a critical component for the circulation in and out of the replacement terminal to ensure the passenger journey remains easy and convenient for both residents and visitors,” said Monterey Regional Airport Interim Executive Director Chris Morello.  “We’d like to thank Representative Panetta for his assistance, means a great deal to the airport to have such strong support in the District and in Washington.”

    This announcement follows Rep. Panetta’s previous efforts to secure over $64 million in federal funding for the Monterey Regional Airport’s modernization, supporting terminal design, tarmac improvements, and other safety upgrades.  Earlier this month, the airport broke ground on the new 62,754 square-foot terminal, set to open in 2027, marking a major milestone in the project’s progression.

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    MIL OSI USA News –

  • MIL-OSI Security: Jamaican National Pleads Guilty to Drug Trafficking and Aggravated Illegal Reentry Charges

    Source: US FBI

    Greenbelt, Maryland – Sarah Maud Jess, 62, a Jamaican national living in Capitol Heights, Maryland, pled guilty to two counts, distributing more than 40 grams of fentanyl and re-entry of an alien removed after conviction for an aggravated felony.

    Kelly O. Hayes, U.S. Attorney for the District of Maryland, announced the plea with Acting Special Agent in Charge Evan Campanella, Homeland Security Investigations (HSI) Baltimore; Special Agent in Charge Ibrar A. Mian, Drug Enforcement Administration (DEA) – Washington Division; Acting Special Agent in Charge Amanda M. Koldjeski, Federal Bureau of Investigation (FBI) – Baltimore Field Office; Chief Marc R. Yamada, Montgomery County Police Department (MCPD); and Chief George Nader, Prince George’s County Police Department (PGPD).

    According to her guilty plea, Jess disseminated at least 40 grams of fentanyl in Maryland and elsewhere between at least November 2023 and October 2024. Jess distributed the fentanyl in the form of pressed fentanyl pills – round, light blue pills imprinted with “M30.” As part of the investigation, a DEA undercover (UC) agent purchased fentanyl pills from Jess. Law enforcement also seized fentanyl pills from her vehicle as she was en route to distribute to the UC and recovered additional fentanyl pills and a firearm from Jess’s residence. In total, law enforcement recovered more than 3,000 fentanyl pills, totaling more than 350 grams of fentanyl, from Jess.

    During the investigation, on June 21, 2024, after coordinating with Jess via text message, the UC conducted a controlled purchase of approximately 600 fentanyl pills from Jess in a Greenbelt, Maryland restaurant parking lot for $3,600. Jess provided the UC with a black sock containing a clear plastic baggie with pills totaling more than 65 grams of fentanyl.

    Then on September 4, the UC conducted another purchase of approximately 1,000 pills from Jess for $6,000. Jess again met the UC in the Greenbelt restaurant parking lot and provided the UC with a black sock containing a clear plastic baggie with fentanyl pills comprised of more than 100 grams of fentanyl.

    On September 30, Jess texted the UC asking how many pills he or she wanted to purchase. Jess agreed to sell the UC 700 pills. Then on October 2, Jess and the UC spoke and arranged to meet at a Silver Spring, Maryland mall parking lot. Law enforcement officers surveilled Jess while she drove to the mall. As Jess drove to meet the UC, law enforcement officers conducted a traffic stop.

    Law enforcement found the pills Jess intended to sell to the UC and took her into custody. Jess provided the officers with a fake driver’s license with a fake name and an address that was not her actual residence. However, law enforcement saw her visit that address during the investigation. While searching the vehicle, law enforcement officers recovered a black sock with a clear plastic baggie inside containing approximately 700 blue pills — weighing more than 75 grams of fentanyl — that Jess intended to distribute to the UC.

    Additionally, law enforcement executed a search warrant at Jess’s residence. During the search, law enforcement discovered a plastic baggie containing 46 fentanyl pills — weighing more than five grams — and a handgun loaded with nine rounds of ammunition in Jess’s bedroom.

    Throughout this timeframe, Jess was an alien illegally in the United States. Jess was previously convicted of Conspiracy to Distribute Marijuana in Prince George’s County, Maryland. Based on the conviction for an aggravated felony, Jess was previously removed from the United States after proceedings before an immigration judge. As part of her removal, Jess was advised that she was permanently excluded from re-entering the United States because of her prior conviction.

    Jess voluntarily and unlawfully re-entered the United States without inspection or permission. She never sought nor obtained the consent of the Attorney General of the United States or the Secretary of Homeland Security to apply for re-admission.

    Jess faces a mandatory minimum of five years and a maximum of 40 years in federal prison for the fentanyl charge. She faces a maximum sentence of 20 years for the illegal re-entry charge.

    Actual sentences for federal crimes are typically less than the maximum penalties.  A federal district court judge determines sentencing after considering the U.S. Sentencing Guidelines and other statutory factors. Sentencing is scheduled for Wednesday, October 29, at 2 p.m.

    U.S. Attorney Hayes commended HSI, the DEA, FBI, MCPD, and PGPD for their work in the investigation.  Ms. Hayes also thanked Assistant U.S. Attorneys Elizabeth Wright and Nicholas Potter who are prosecuting the federal case.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, please visit justice.gov/usao-md and justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI –

  • MIL-OSI Security: H Block Gang Member Sentenced to Over Six Years in Prison for Drug Conspiracy

    Source: US FBI

    BOSTON – A long-time member of the violent Boston-based gang, H-Block, was sentenced today in federal court for drug conspiracy offenses.

    Dennis Wilson, a/k/a “Deuce,” 36 of Boston, was sentenced by U.S. District Court Judge Leo T. Sorokin to 77 months in prison, to be followed by three years of supervised release. In April 2025, Wilson pleaded guilty to conspiracy to distribute and possess with intent to distribute controlled substances.

    Wilson was one of 10 H-Block gang members and associates charged in August 2024 following a multi-year investigation that began in 2021 in response to an uptick in gang-related drug trafficking, shootings and violence. According to court documents, over 500 grams of cocaine, cocaine base (crack cocaine) and fentanyl, as well as over 20,000 doses of drug-laced paper were seized during the investigation.

    According to the charging documents, the H Block Street Gang is one of the most feared and influential city-wide gangs in Boston. Originally formed in the 1980s as the Humboldt Raiders in the Roxbury section of Boston, the gang re-emerged in the 2000s as H Block. Current members of H Block have a history of violent confrontation with law enforcement, including an incident in 2015 when a member shot a Boston Police officer at point blank range without warning or provocation.

    From 2022 through 2023, Wilson participated in a conspiracy to distribute various controlled substances, including fentanyl, powdered cocaine and cocaine base (crack). On numerus occasions, Wilson accompanied a co-conspirator on various drug deals with undercover officers.

    United States Attorney Leah B. Foley; Stephen Belleau, Acting Special Agent in Charge of the Drug Enforcement Administration, New England Field Division; Special Agent in Charge Andrew Murphy of the U.S. Secret Service Boston Field Office; Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; Jonathan Mellone, Special Agent in Charge of the Department of Labor, Office of Inspector General; and Boston Police Commissioner Michael Cox made the announcement today. The investigation was supported by the Massachusetts State Police; Massachusetts Department of Corrections; Suffolk County District Attorney’s Office; and the Braintree, Quincy, Randolph and Watertown Police Departments. Assistant United States Attorney John T. Dawley of the Organized Crime & Gang Unit and Jeremy Franker of the Justice Department’s Violent Crime & Racketeering Section are prosecuting the cases.

    The case was investigated under the Organized Crime Drug Enforcement Task Forces (OCDETF). OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. For more information about Organized Crime Drug Enforcement Task Forces, please visit Justice.gov/OCDETF.

    The details contained in the charging documents are allegations. The remaining defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
     

    MIL Security OSI –

  • MIL-OSI Security: Nevada Resident Pleads Guilty to Conspiracy to Engage in Voter Registration Fraud

    Source: US FBI

    MINNEAPOLIS – Ronnie Williams pled guilty today to an information charging him with conspiracy to engage in voter registration fraud, announced Acting U.S. Attorney Joseph H. Thompson.

    “Today’s guilty plea underscores our commitment to protecting the integrity of the electoral process,” said Acting U.S. Attorney Joseph H. Thompson. “Free and fair elections are the cornerstone of our democracy. Any attempt to undermine that process through fraud will be investigated and prosecuted. This case sends a clear message—election fraud will not be tolerated in Minnesota.”

    According to court documents, beginning in 2021 through 2022, Ronnie Williams, 58, was involved in a conspiracy to create fictitious identities and information for use in Minnesota voter registration applications. After filling out the forms, Williams signed a statement affirming that he had read and understood the certification, which included a warning that submitting false information constitutes a felony punishable by up to five years in prison. 

    According to court documents, Williams then submitted the fraudulent registrations to Foundation 1, an organization focused on voter registration efforts in Minnesota. Foundation 1 forwarded the false applications to county election offices throughout the state. In exchange, Foundation 1 compensated Williams for each registration submitted, and Williams shared a portion of the payments to his co-conspirator.

    Williams pled guilty today in U.S. District Court before Judge David S. Doty.

    This case is the result of an investigation conducted by the Federal Bureau of Investigation. The U.S. Attorney’s Office wishes to thank the Justice Department’s Public Integrity Section for partnering with the U.S. Attorney’s Office on this case. The U.S. Attorney’s Office also wishes to thank the Office of the Minnesota Secretary of State and the Carver County Sheriff’s Office for their assistance and full cooperation with this investigation.

    Assistant U.S. Attorney Harry M. Jacobs and Trial Attorney Jonathan Jacobson of the Justice Department’s Public Integrity Section are prosecuting this case.

    MIL Security OSI –

  • MIL-OSI China: More policy options in H2 to spur growth

    Source: People’s Republic of China – State Council News

    Staff members operate at an assembly line of the north China base of FAW-Volkswagen in Tianjin, July 7, 2025. [Photo/Xinhua]

    Despite persistent global headwinds, recent economic data from China have demonstrated resilience in the first half of this year, coupled with a potential de-escalation of tensions between Beijing and Washington, prompting major foreign financial institutions to revise upward their full-year growth projections.

    As the economy faces external uncertainties and a high base effect from the previous year, experts said additional fiscal and monetary policies will be needed in the second half of the year to achieve the annual growth target of around 5 percent.

    The consumer price index, according to the National Bureau of Statistics on Wednesday, rose 0.1 percent in June from a year earlier — a turnaround from the previous four months’ decline, as the country’s consumption-boosting initiatives are translating into greater consumer confidence and spending.

    The purchasing managers’ index for China’s manufacturing sector also rose for a second straight month in June to 49.7, with more industries returning to growth, and high-tech and consumer goods production remaining robust, the bureau said late last month.

    Given that China’s pro-growth policies are helping the domestic economy maintain its growth momentum in recent months, Goldman Sachs raised its forecast for China’s GDP growth in 2025 by 0.6 percentage points, from 4 percent to 4.6 percent.

    Similarly, JPMorgan has revised China’s GDP growth forecast to 4.8 percent year-on-year from 4.1 percent, while Morgan Stanley has raised its projection by 0.3 percentage points to 4.5 percent.

    “The complexity, severity, and uncertainty of the current external environment are on the rise, which will undoubtedly have an impact on the stable operation of our economy,” Li Chao, a spokesman for the National Development and Reform Commission, said at a news conference in late June.

    Achieving China’s 5 percent annual growth target will demand a more forceful policy push in the coming months, with fiscal measures poised to take center stage, economists said.

    “In the second half of the year, China should continue to expedite the issuance and use of the remaining quotas for ultra-long-term special treasury bonds and special-purpose local government bonds, in order to better leverage their effects in boosting investment and promoting consumption,” Luo Zhiheng, chief economist at Yuekai Securities, said.

    Earlier this month, the Ministry of Finance announced the issuance of 11 ultra-long-term special treasury bonds in the third quarter, with four of them seeing their timelines accelerated compared with the previous plan released in April. This will help maintain a continuous flow of funding to support policies meant to boost consumption, analysts said.

    It is possible for policymakers to expand the issuance of ultra-long-term special treasury bonds this year to provide sustained support to the consumer goods trade-in program, should the remaining funding run out ahead of schedule, said Wang Qing, chief macroeconomic analyst at Golden Credit Rating International.

    Meanwhile, ramping up the issuance of special-purpose local government bonds is also a viable option, as it can help accelerate infrastructure investment and stabilize economic recovery, Wang added.

    Analysts also expect the People’s Bank of China, the country’s central bank, to leverage its policy tool kit to maintain ample liquidity in the financial system and support domestic demand.

    Citing the improved near-term growth outlook, Japanese investment bank Nomura trimmed its rate-cut forecast for the fourth quarter this year to 10 basis points from 15 basis points, while retaining estimates for a 50-basis-point cut in the reserve requirement ratio.

    MIL OSI China News –

  • MIL-OSI USA: Congressman Cleaver Announces $3.5 Million Bipartisan Infrastructure Law Grant Awarded to Kansas City

    Source: United States House of Representatives – Congressman Emanuel Cleaver II (5th District Missouri)

    (Kansas City, MO) – Today, U.S. Representative Emanuel Cleaver, II (D-MO) announced the City of Kansas City has been awarded a $3.5 million federal grant from the Bipartisan Infrastructure Law to clean up brownfield sites within the city. The federal funding, which Cleaver helped secure through his support for the Infrastructure Investment and Jobs Act, will invest in Kansas City’s Brownfields Supplemental Revolving Loan Fund, which provides loans and subgrants to remediate and redevelop projects at brownfield sites throughout Kansas City.

    “From investments in new roads and bridges to funding that enables the cleanup and redevelopment of brownfield sites like the Hardesty Federal Complex, the Bipartisan Infrastructure Law continues to fuel a remarkable economic comeback in Kansas City,” said Congressman Cleaver. “While we’ve come a long way since the dark days of the global pandemic, thanks in part to investments like this, there is still so much work that can be done to boost economic development in underserved communities across the metro area – and this funding will help support those efforts. I’m proud to have helped secure this $3.5 million for Kansas City, and I’ll continue fighting every day to bring more investments that support Missouri workers and small businesses back to the Fifth Congressional District.”

    Specifically, this funding will assist in re-capitalizing Kansas City’s Revolving Loan Fund from which the City can make loans and subgrants to clean up brownfield sites, ensuring more projects can be funded.

    Thanks to the historic $1.5 billion boost from President Biden’s Bipartisan Infrastructure Law, EPA’s Brownfields program is helping more communities than ever before begin to address the economic, social, and environmental challenges caused by brownfields and stimulate economic opportunity and environmental revitalization in historically overburdened communities.

    Since passage of the Infrastructure Investment and Jobs Act, Kansas City has received more than $18.5 million in brownfields grants, supporting over a dozen remediation projects across the city. In 2022, Rep. Cleaver announced $5.5 million in federal brownfields grants awarded to Kansas City, supporting the cleanup of the Hardesty Federal Complex Buildings. Last September, Congressman Cleaver joined EPA Region 7 to announce $4.5 million in federal brownfields grants for Kansas City’s Brownfields Revolving Loan Fund. This May, Congressman Cleaver announced a $4 million brownfields grant to clean up 47 vacant parcels known as the Washington Wheatley Vacant Lots Site, as well as the former Benson Manufacturing Company Site.

      

    Emanuel Cleaver, II is the U.S. Representative for Missouri’s Fifth Congressional District, which includes Kansas City, Independence, Lee’s Summit, Raytown, Grandview, Sugar Creek, Greenwood, Blue Springs, North Kansas City, Gladstone, and Claycomo. He is a member of the exclusive House Financial Services Committee and Ranking Member of the House Subcommittee on Housing and Insurance. For more information, please contact Matt Helfant at 202-590-0175 or matthew.helfant@mail.house.gov

    MIL OSI USA News –

  • MIL-OSI: Diginex Limited Announces 57% Increase in Revenues and Transformed Balance Sheet for Fiscal Year ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 11, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its financial results for the fiscal year ended March 31, 2025.

    Fiscal Year ended March 31, 2025 Full-Year Highlights:

    • Revenues for the fiscal year ended March 31, 2025, increased 57% to $2.0 million driven primarily by an increase in software subscriptions and license fees.
    • Net loss for the fiscal year ended March 31, 2025, of $5.2 million, an increase of $0.3 million compared to the net loss of $4.9 million recorded in the prior year.
    • Transformed balance sheet with net assets of $4.6 million at March 31, 2025, compared to net liabilities of $23.0 million at March 31, 2024.
    • Completed Initial Public Offering (“IPO”) in January 2025.

    Post Year End Strategic Highlights

    • Signed a memorandum of understanding on June 5, 2025 to acquire Resulticks Group Companies Pte Limited (“Resulticks”), subject to definitive agreements, in a transaction valued at approximately US$2 billion, to be primarily settled in Diginex ordinary shares. This combination leverages Resulticks’ real-time audience engagement, agentic AI framework, and global reach to drive sustainability, compliance, customer relationships, and collective growth.
    • Executed a memorandum of understanding on May 23, 2025, to acquire Matter DK ApS (“Matter”), subject to definitive agreements, for approximately US$13 million in an all-share deal. Management believes the acquisition of Matter will strengthen the Company’s sustainability data coverage, ESG analytics offerings, as well as its automated data collection capabilities.

    Management Commentary

    “The year ended March 31, 2025 was a transformative period for the Company, marked by the successful completion of our IPO in January 2025, a 57% increase in revenues and strategic agreements signed during the fiscal year to boost future revenues and client acquisition with leading professional firms such as Russell Bedford International and Baker Tilly Singapore. During the year, we also enhanced our product offerings with the introduction of AI-powered compliance solutions, delivering features such as multi-variant drafting, automated risk reduction, future-proofing for evolving regulations, and improved scalability for users of our Sustainability SaaS reporting platform, diginexESG,” said Mark Blick, Chief Executive Officer of Diginex Limited. “We achieved overall revenue growth, driven in part, by a significant licensing agreement and ongoing demand for our core ESG reporting and supply chain risk management products. At the same time, we deliberately shifted resources to accelerate the development of diginexESG and diginexLUMEN, which positions us well for long-term growth and recurring revenues at the expense of revenues from one-off mandates via customization projects.”

    “We also maintained a disciplined approach to cost management. While general and administrative expenses increased year on year, this was primarily due to IPO related professional fees and the fair value adjustment related to the issuance of preferred shares under an anti-dilution clause following an $8 million capital raise in May 2024. We did, however, achieve cost reductions in employee benefits, IT development and maintenance costs, while continuing to deliver on our product road map, and other discretionary spending. These actions demonstrate our commitment to building a sustainable business model and cost structure that supports future profitability while continuing to fund strategic priorities.”

    “We’re also excited to have signed a memorandum of understanding on March 17, 2025, to pursue a dual listing of our ordinary shares on the Abu Dhabi Securities Exchange,” said Mr. Blick. “This planned listing is intended to increase exposure of Diginex to regional and international investors, strengthen our relationships in the Gulf Cooperation Council (“GCC”) region, and support Abu Dhabi’s strategic focus on sustainable finance. We believe this step aligns with our long-term commitment to expand our global presence.” The memorandum of understanding also contemplates a planned capital raise of up to USD$250 million focused on large institutional investors based in the GCC and a strategic alliance to support business growth in Abu Dhabi and the surrounding GCC region.”

    “Importantly, we are advancing our strategy to strengthen and diversify our technology and data capabilities through targeted acquisitions,” continued Mr. Blick. “Following the close of the fiscal year ended March 31, 2025, we signed two memoranda of understanding to acquire Resulticks and Matter, subject to definitive agreements. These transactions, if completed, would meaningfully expand our AI-driven data management and sustainability analytics capabilities globally, supporting our vision of delivering integrated, high-value solutions to clients worldwide. While both agreements remain subject to due diligence, negotiation and finalizing definitive terms, they demonstrate our commitment to disciplined, strategic growth through carefully selected acquisitions. We see powerful synergies with Resulticks in targeted sustainability marketing at scale, bringing in Matter’s sustainability data for company benchmarking and supply chain due diligence through diginexLUMEN, and the provision of AI enabled sustainability reporting capabilities with diginexESG.”

    “Looking ahead, we have reason for optimism as our Company is on the leading edge of fundamental changes in the data industry that will drive future growth. We remain committed to investing across the Diginex platforms, enhancing our global market presence both organically and through acquisitions, and managing our operations with discipline to deliver long-term value to our shareholders,” Mr. Blick stated.

    Revenues

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Subscription and license fees 1.3 0.4
    Advisory fees 0.3 0.2
    Customization fees 0.4 0.7
    Total  2.0  1.3
         

    For the fiscal year ended March 31, 2025, total revenue increased by $0.7 million to $2.0 million, compared to $1.3 million in the prior year. The increase was primarily attributable to a $0.9 million license fee from the granting of a non-exclusive right to distribute a white-label version of diginexESG. Excluding this transaction, revenue from software subscriptions and licenses remained stable at $0.4 million for the year. Subscription and license fees are generated from sales of diginexESG and diginexLUMEN.

    Revenue from advisory fees increased modestly to $0.3 million, reflecting an improvement of $0.1 million compared to the prior year. Advisory services includes projects such as developing ESG strategies, conducting ESG materiality assessments or conducting training sessions on a range of ESG topics.

    The increase in total revenue was partially offset by a decline in revenue from customization projects, which decreased by $0.3 million to $0.4 million for the fiscal year ended March 31, 2025. This reduction was an expected outcome of the Company’s strategic decision to allocate more resources to the development and expansion of diginexESG and diginexLUMEN, leading to a temporary reduction in the acceptance of customization projects.

    “We are focused on building long-term, sustainable growth across all of our service lines,” said Mr. Blick. “This year’s results highlight the strength of our core subscription business and our ability to unlock additional revenue opportunities through strategic agreements and licensing agreements.”

    General and Administrative Expenses

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Employee benefits  4.8  5.0
    IT development and maintenance support 1.5 2.1
    Audit fees 0.4 0.6
    Professional fees 2.1 0.5
    Travel and entertainment 0.4 0.5
    Share based payments 0.4 –
    Amortization and depreciation 0.1 0.1
    Other 0.6 0.5
      10.3 9.3
         

    For the fiscal year ended March 31, 2025, general and administrative expenses increased by $1.0 million to $10.3 million, compared to $9.3 million in the prior fiscal year. This increase was primarily driven by higher professional fees associated with the Company’s IPO and a share-based payment expense related to preferred shares issued under an anti-dilution clause triggered by a capital raise completed in May 2024. These higher costs were partially offset by reductions in employee benefits, IT development and maintenance support, while continuing to deliver on our product roadmap, and audit fees.

    Employee benefits decreased by $0.2 million which was the result of reduced costs associated with the fair value of employee share options granted to employees of $0.5 million and a partially offsetting increase in salaries of $0.3 million. Headcount at March 31, 2025 was 32 and included 23 employees and 9 contractors compared to a headcount of 29 at March 31, 2024, which included 22 employees and 7 contractors.

    Balance Sheet Highlights

    At March 31, 2025, net assets of $4.6 million represented a transformation and significant improvement from net liabilities of $23.0 million at March 31, 2024. The improvement was driven by the capitalization of shareholder loans and advances, convertible loan notes and redeemable preferred shares. The capitalization events were triggered by the IPO.  

    The Company’s cash position of $3.1 million at March 31, 2025, is also higher than the $0.1 million of cash reported at March 31, 2024.

    The balance sheet at March 31, 2025, held no interest-bearing debt instruments.

    “The strengthening of our balance sheet following our IPO marks an important milestone for the company,” concluded Mr. Blick. “This enhanced financial position gives us the flexibility to invest in growth, pursue strategic initiatives, and deliver sustainable value to our shareholders. We remain committed to disciplined capital management as we expand our operations, strengthen key partnerships, and execute on our long-term vision to drive innovation and create a lasting impact in our industry.”

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and ISSB (IFRS Sustainability Disclosure Standards). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk

         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    Revenue 2,040,602 1,299,538
    General and administrative expenses (10,344,514) (9,363,345)
    OPERATING LOSS (8,303,912) (8,063,807)
    Other income, gains or (losses) 3,501,200 3,753,988
    Finance cost, net (410,167) (552,651)
    LOSS BEFORE TAX (5,212,879) (4,862,470)
    Income tax expense – (8,917)
    LOSS FOR THE YEAR (5,212,879) (4,871,387)
    OTHER COMPREHENSIVE INCOME (LOSS)    
    Items that may be reclassified subsequently to profit or loss:    
    Exchange gain (loss) on translation of foreign operations 30 (7,684)
    TOTAL COMPREHENSIVE LOSS FOR THE YEAR (5,212,849) (4,879,071)
         
    LOSS PER SHARE ATTRIBUTABLE TO
    THE ORDINARY EQUITY HOLDERS OF THE COMPANY    		    
    Basic loss per share (0.33) (0.51)
         
    Diluted loss per share (0.53) (0.75)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
    At 31 March 2024 and 2025
         
      At
    31 March 2025    		 At
    31 March 2024
      USD USD
    ASSETS    
    Right-of-use assets 225,672 357,202
    Rental deposit 45,463 35,431
    Plant and equipment – –
    Total non-current assets 271,135 392,633
    Trade receivables, net 1,394,545 182,334
    Contract assets 750 69,354
    Other receivables, deposit and prepayment 1,066,191 253,476
    Restricted bank balance 399,400 –
    Cash and cash equivalents 3,111,141 76,620
    Total current assets 5,972,027 581,784
    LIABILITIES    
    Trade payables (200,660) (788,798)
    Other payables and accruals (706,874) (596,870)
    Tax payables – (8,917)
    Deferred revenues (505,424) (322,826)
    Due to a related company (34,579) (34,579)
    Due to immediate holding company – (5,345,929)
    Loans from immediate holding company – (1,930,993)
    Loan from a related company – (1,140,931)
    Lease liabilities, current (126,808) (122,076)
    Convertible loan notes, current – (3,975,534)
    Total current liabilities (1,574,345) (14,267,453)
    Lease liabilities, net of current portion (110,867) (243,280)
    Preferred shares – (9,359,000)
    Convertible loan notes, net of current portion – (114,808)
    Total non-current liabilities (110,867) (9,717,088)
    Net current assets (liabilities) 4,397,682 (13,685,669)
    Net assets (liabilities) 4,557,950 (23,010,124)
    EQUITY (DEFICIT)    
    Share Capital 1,150 477
    Share Premium 25,689,436 –
    Capital reserve 5,126,150 3,752,192
    Warrant reserve 79,263,200 –
    Exchange reserve (1,651) (1,681)
    Share option reserve 1,076,345 2,409,689
    Accumulated losses (106,596,680) (29,170,801)
    Total equity (deficit) 4,557,950 (23,010,124)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    CASH FLOWS FROM OPERATING ACTIVITIES    
    Loss before taxation (5,212,879) (4,862,470)
    Adjustments for:    
    Amortization – right-of-use assets 125,575 99,580
    Depreciation – property, plant and equipment – 3,696
    Impairment losses (reversed) recognized in respect of trade receivables (2,844) (400)
    Bad debt written off 12,064 21,522
    Write-off of due from related company – 81,347
    Finance costs 410,167 552,651
    Share option awards 859,685 1,352,835
    Share-based payments expenses on anti-dilution issuance of preferred shares 369,648 –
    IPO expenses charged to P&L 1,659,081 –
    Net fair value loss of convertible loan notes 639,000 374,000
    Net fair value loss of preferred shares (4,117,648) (4,101,000)
    Operating cash flows before movements in working capital (5,258,151) (6,478,239)
    Movements in working capital    
    Trade receivables (1,221,431) 86,332
    Other receivables, deposit and prepayment (955,348) (210,936)
    Contract assets 68,604 (42,365)
    Due from a related company – (39,815
    Trade and other payables (478,610) 841,155
    Deferred revenue 182,598 (12,840)
    Amount due to immediate holding company – –
    Cash generated from operations (7,662,338) (5,856,708)
    Income tax paid (8,917) –
    Net cash used in operating activities (7,671,255) (5,856,708)
    CASH FLOWS FROM INVESTING ACTIVITIES    
    Payment to rental deposit (10,032) –
    Cash used in investing activities (10,032) –
    CASH FLOWS FROM FINANCING ACTIVITIES    
    Issue of shares under global offerings 10,608,750 –
    Payment of transaction costs of issue of new shares (2,948,791) –
    Loans from immediate holding company 3,410,461 564,483
    Advances from immediate holding company 713,719 5,345,423
    Proceeds from shares issued 50 –
    Proceeds from issuance of convertible loan notes – 100,000
    Loan from a related company – –
    Repayment of due to immediate holding company – –
    Repayment of lease liabilities (138,962) (109,754)
    Placement of restricted bank balance (399,400) –
    Repayment of loan from immediate holding company (530,019) (1,150,000)
    Net cash generated from financing activities 10,715,808 4,750,152
    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,034,521 (1,106,556)
    Cash and cash equivalents at the beginning of the year 76,620 1,183,176
    CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 3,111,141 76,620
         

    The MIL Network –

  • MIL-OSI: Diginex Limited Announces 57% Increase in Revenues and Transformed Balance Sheet for Fiscal Year ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 11, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its financial results for the fiscal year ended March 31, 2025.

    Fiscal Year ended March 31, 2025 Full-Year Highlights:

    • Revenues for the fiscal year ended March 31, 2025, increased 57% to $2.0 million driven primarily by an increase in software subscriptions and license fees.
    • Net loss for the fiscal year ended March 31, 2025, of $5.2 million, an increase of $0.3 million compared to the net loss of $4.9 million recorded in the prior year.
    • Transformed balance sheet with net assets of $4.6 million at March 31, 2025, compared to net liabilities of $23.0 million at March 31, 2024.
    • Completed Initial Public Offering (“IPO”) in January 2025.

    Post Year End Strategic Highlights

    • Signed a memorandum of understanding on June 5, 2025 to acquire Resulticks Group Companies Pte Limited (“Resulticks”), subject to definitive agreements, in a transaction valued at approximately US$2 billion, to be primarily settled in Diginex ordinary shares. This combination leverages Resulticks’ real-time audience engagement, agentic AI framework, and global reach to drive sustainability, compliance, customer relationships, and collective growth.
    • Executed a memorandum of understanding on May 23, 2025, to acquire Matter DK ApS (“Matter”), subject to definitive agreements, for approximately US$13 million in an all-share deal. Management believes the acquisition of Matter will strengthen the Company’s sustainability data coverage, ESG analytics offerings, as well as its automated data collection capabilities.

    Management Commentary

    “The year ended March 31, 2025 was a transformative period for the Company, marked by the successful completion of our IPO in January 2025, a 57% increase in revenues and strategic agreements signed during the fiscal year to boost future revenues and client acquisition with leading professional firms such as Russell Bedford International and Baker Tilly Singapore. During the year, we also enhanced our product offerings with the introduction of AI-powered compliance solutions, delivering features such as multi-variant drafting, automated risk reduction, future-proofing for evolving regulations, and improved scalability for users of our Sustainability SaaS reporting platform, diginexESG,” said Mark Blick, Chief Executive Officer of Diginex Limited. “We achieved overall revenue growth, driven in part, by a significant licensing agreement and ongoing demand for our core ESG reporting and supply chain risk management products. At the same time, we deliberately shifted resources to accelerate the development of diginexESG and diginexLUMEN, which positions us well for long-term growth and recurring revenues at the expense of revenues from one-off mandates via customization projects.”

    “We also maintained a disciplined approach to cost management. While general and administrative expenses increased year on year, this was primarily due to IPO related professional fees and the fair value adjustment related to the issuance of preferred shares under an anti-dilution clause following an $8 million capital raise in May 2024. We did, however, achieve cost reductions in employee benefits, IT development and maintenance costs, while continuing to deliver on our product road map, and other discretionary spending. These actions demonstrate our commitment to building a sustainable business model and cost structure that supports future profitability while continuing to fund strategic priorities.”

    “We’re also excited to have signed a memorandum of understanding on March 17, 2025, to pursue a dual listing of our ordinary shares on the Abu Dhabi Securities Exchange,” said Mr. Blick. “This planned listing is intended to increase exposure of Diginex to regional and international investors, strengthen our relationships in the Gulf Cooperation Council (“GCC”) region, and support Abu Dhabi’s strategic focus on sustainable finance. We believe this step aligns with our long-term commitment to expand our global presence.” The memorandum of understanding also contemplates a planned capital raise of up to USD$250 million focused on large institutional investors based in the GCC and a strategic alliance to support business growth in Abu Dhabi and the surrounding GCC region.”

    “Importantly, we are advancing our strategy to strengthen and diversify our technology and data capabilities through targeted acquisitions,” continued Mr. Blick. “Following the close of the fiscal year ended March 31, 2025, we signed two memoranda of understanding to acquire Resulticks and Matter, subject to definitive agreements. These transactions, if completed, would meaningfully expand our AI-driven data management and sustainability analytics capabilities globally, supporting our vision of delivering integrated, high-value solutions to clients worldwide. While both agreements remain subject to due diligence, negotiation and finalizing definitive terms, they demonstrate our commitment to disciplined, strategic growth through carefully selected acquisitions. We see powerful synergies with Resulticks in targeted sustainability marketing at scale, bringing in Matter’s sustainability data for company benchmarking and supply chain due diligence through diginexLUMEN, and the provision of AI enabled sustainability reporting capabilities with diginexESG.”

    “Looking ahead, we have reason for optimism as our Company is on the leading edge of fundamental changes in the data industry that will drive future growth. We remain committed to investing across the Diginex platforms, enhancing our global market presence both organically and through acquisitions, and managing our operations with discipline to deliver long-term value to our shareholders,” Mr. Blick stated.

    Revenues

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Subscription and license fees 1.3 0.4
    Advisory fees 0.3 0.2
    Customization fees 0.4 0.7
    Total  2.0  1.3
         

    For the fiscal year ended March 31, 2025, total revenue increased by $0.7 million to $2.0 million, compared to $1.3 million in the prior year. The increase was primarily attributable to a $0.9 million license fee from the granting of a non-exclusive right to distribute a white-label version of diginexESG. Excluding this transaction, revenue from software subscriptions and licenses remained stable at $0.4 million for the year. Subscription and license fees are generated from sales of diginexESG and diginexLUMEN.

    Revenue from advisory fees increased modestly to $0.3 million, reflecting an improvement of $0.1 million compared to the prior year. Advisory services includes projects such as developing ESG strategies, conducting ESG materiality assessments or conducting training sessions on a range of ESG topics.

    The increase in total revenue was partially offset by a decline in revenue from customization projects, which decreased by $0.3 million to $0.4 million for the fiscal year ended March 31, 2025. This reduction was an expected outcome of the Company’s strategic decision to allocate more resources to the development and expansion of diginexESG and diginexLUMEN, leading to a temporary reduction in the acceptance of customization projects.

    “We are focused on building long-term, sustainable growth across all of our service lines,” said Mr. Blick. “This year’s results highlight the strength of our core subscription business and our ability to unlock additional revenue opportunities through strategic agreements and licensing agreements.”

    General and Administrative Expenses

      For the year ended
    March 31,
    in USD millions 2025 2024
         
    Employee benefits  4.8  5.0
    IT development and maintenance support 1.5 2.1
    Audit fees 0.4 0.6
    Professional fees 2.1 0.5
    Travel and entertainment 0.4 0.5
    Share based payments 0.4 –
    Amortization and depreciation 0.1 0.1
    Other 0.6 0.5
      10.3 9.3
         

    For the fiscal year ended March 31, 2025, general and administrative expenses increased by $1.0 million to $10.3 million, compared to $9.3 million in the prior fiscal year. This increase was primarily driven by higher professional fees associated with the Company’s IPO and a share-based payment expense related to preferred shares issued under an anti-dilution clause triggered by a capital raise completed in May 2024. These higher costs were partially offset by reductions in employee benefits, IT development and maintenance support, while continuing to deliver on our product roadmap, and audit fees.

    Employee benefits decreased by $0.2 million which was the result of reduced costs associated with the fair value of employee share options granted to employees of $0.5 million and a partially offsetting increase in salaries of $0.3 million. Headcount at March 31, 2025 was 32 and included 23 employees and 9 contractors compared to a headcount of 29 at March 31, 2024, which included 22 employees and 7 contractors.

    Balance Sheet Highlights

    At March 31, 2025, net assets of $4.6 million represented a transformation and significant improvement from net liabilities of $23.0 million at March 31, 2024. The improvement was driven by the capitalization of shareholder loans and advances, convertible loan notes and redeemable preferred shares. The capitalization events were triggered by the IPO.  

    The Company’s cash position of $3.1 million at March 31, 2025, is also higher than the $0.1 million of cash reported at March 31, 2024.

    The balance sheet at March 31, 2025, held no interest-bearing debt instruments.

    “The strengthening of our balance sheet following our IPO marks an important milestone for the company,” concluded Mr. Blick. “This enhanced financial position gives us the flexibility to invest in growth, pursue strategic initiatives, and deliver sustainable value to our shareholders. We remain committed to disciplined capital management as we expand our operations, strengthen key partnerships, and execute on our long-term vision to drive innovation and create a lasting impact in our industry.”

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and ISSB (IFRS Sustainability Disclosure Standards). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk

         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    Revenue 2,040,602 1,299,538
    General and administrative expenses (10,344,514) (9,363,345)
    OPERATING LOSS (8,303,912) (8,063,807)
    Other income, gains or (losses) 3,501,200 3,753,988
    Finance cost, net (410,167) (552,651)
    LOSS BEFORE TAX (5,212,879) (4,862,470)
    Income tax expense – (8,917)
    LOSS FOR THE YEAR (5,212,879) (4,871,387)
    OTHER COMPREHENSIVE INCOME (LOSS)    
    Items that may be reclassified subsequently to profit or loss:    
    Exchange gain (loss) on translation of foreign operations 30 (7,684)
    TOTAL COMPREHENSIVE LOSS FOR THE YEAR (5,212,849) (4,879,071)
         
    LOSS PER SHARE ATTRIBUTABLE TO
    THE ORDINARY EQUITY HOLDERS OF THE COMPANY    		    
    Basic loss per share (0.33) (0.51)
         
    Diluted loss per share (0.53) (0.75)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
    At 31 March 2024 and 2025
         
      At
    31 March 2025    		 At
    31 March 2024
      USD USD
    ASSETS    
    Right-of-use assets 225,672 357,202
    Rental deposit 45,463 35,431
    Plant and equipment – –
    Total non-current assets 271,135 392,633
    Trade receivables, net 1,394,545 182,334
    Contract assets 750 69,354
    Other receivables, deposit and prepayment 1,066,191 253,476
    Restricted bank balance 399,400 –
    Cash and cash equivalents 3,111,141 76,620
    Total current assets 5,972,027 581,784
    LIABILITIES    
    Trade payables (200,660) (788,798)
    Other payables and accruals (706,874) (596,870)
    Tax payables – (8,917)
    Deferred revenues (505,424) (322,826)
    Due to a related company (34,579) (34,579)
    Due to immediate holding company – (5,345,929)
    Loans from immediate holding company – (1,930,993)
    Loan from a related company – (1,140,931)
    Lease liabilities, current (126,808) (122,076)
    Convertible loan notes, current – (3,975,534)
    Total current liabilities (1,574,345) (14,267,453)
    Lease liabilities, net of current portion (110,867) (243,280)
    Preferred shares – (9,359,000)
    Convertible loan notes, net of current portion – (114,808)
    Total non-current liabilities (110,867) (9,717,088)
    Net current assets (liabilities) 4,397,682 (13,685,669)
    Net assets (liabilities) 4,557,950 (23,010,124)
    EQUITY (DEFICIT)    
    Share Capital 1,150 477
    Share Premium 25,689,436 –
    Capital reserve 5,126,150 3,752,192
    Warrant reserve 79,263,200 –
    Exchange reserve (1,651) (1,681)
    Share option reserve 1,076,345 2,409,689
    Accumulated losses (106,596,680) (29,170,801)
    Total equity (deficit) 4,557,950 (23,010,124)
         
    DIGINEX LIMITED
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    For the years ended 31 March 2024 and 2025
         
      Year ended Year ended
      31 March 2025 31 March 2024
      USD USD
    CASH FLOWS FROM OPERATING ACTIVITIES    
    Loss before taxation (5,212,879) (4,862,470)
    Adjustments for:    
    Amortization – right-of-use assets 125,575 99,580
    Depreciation – property, plant and equipment – 3,696
    Impairment losses (reversed) recognized in respect of trade receivables (2,844) (400)
    Bad debt written off 12,064 21,522
    Write-off of due from related company – 81,347
    Finance costs 410,167 552,651
    Share option awards 859,685 1,352,835
    Share-based payments expenses on anti-dilution issuance of preferred shares 369,648 –
    IPO expenses charged to P&L 1,659,081 –
    Net fair value loss of convertible loan notes 639,000 374,000
    Net fair value loss of preferred shares (4,117,648) (4,101,000)
    Operating cash flows before movements in working capital (5,258,151) (6,478,239)
    Movements in working capital    
    Trade receivables (1,221,431) 86,332
    Other receivables, deposit and prepayment (955,348) (210,936)
    Contract assets 68,604 (42,365)
    Due from a related company – (39,815
    Trade and other payables (478,610) 841,155
    Deferred revenue 182,598 (12,840)
    Amount due to immediate holding company – –
    Cash generated from operations (7,662,338) (5,856,708)
    Income tax paid (8,917) –
    Net cash used in operating activities (7,671,255) (5,856,708)
    CASH FLOWS FROM INVESTING ACTIVITIES    
    Payment to rental deposit (10,032) –
    Cash used in investing activities (10,032) –
    CASH FLOWS FROM FINANCING ACTIVITIES    
    Issue of shares under global offerings 10,608,750 –
    Payment of transaction costs of issue of new shares (2,948,791) –
    Loans from immediate holding company 3,410,461 564,483
    Advances from immediate holding company 713,719 5,345,423
    Proceeds from shares issued 50 –
    Proceeds from issuance of convertible loan notes – 100,000
    Loan from a related company – –
    Repayment of due to immediate holding company – –
    Repayment of lease liabilities (138,962) (109,754)
    Placement of restricted bank balance (399,400) –
    Repayment of loan from immediate holding company (530,019) (1,150,000)
    Net cash generated from financing activities 10,715,808 4,750,152
    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,034,521 (1,106,556)
    Cash and cash equivalents at the beginning of the year 76,620 1,183,176
    CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 3,111,141 76,620
         

    The MIL Network –

  • MIL-OSI USA: Chairman Johnson Subpoenas FBI for Records on the July 13, 2024 Trump Assassination Attempt

    US Senate News:

    Source: United States Senator for Wisconsin Ron Johnson

    WASHINGTON – Today, U.S. Sen. Ron Johnson (R-Wis.), chairman of the Permanent Subcommittee on Investigations, issued a subpoena to Federal Bureau of Investigation (FBI) Director Kash Patel for records relating to the July 13, 2024 assassination attempt of President Donald Trump in Butler, PA. 

    “One year following the assassination attempt of President Trump, the American people still do not have answers to all of their questions about the breakdown of security at the Butler campaign rally and detailed information about the would-be assassin, Thomas Crooks. I had expected the FBI to be more forthcoming with the public and provide my office with the records we have been seeking for months. I am issuing the subpoena to help prompt transparency and I look forward to Director Patel’s full cooperation,” Sen. Johnson stated. 

     The subpoena requires the FBI to provide, in part:  

    • Security camera footage obtained that may identify Crooks’ movements in advance of the shooting;
    • Forensic reports on the assassination attempt, including ballistics, trajectory, explosive, and drone analysis records; and
    • Records about Crooks including documents relating to his social media and email accounts, search history, call logs, and other communications.

    Following the July 13, 2024 assassination attempt, Sen. Johnson immediately began investigating the security failures surrounding the Butler campaign rally. On July 14, 2024, Sen. Johnson wrote to the FBI, the Department of Justice, and the Department of Homeland Security requesting records about Crooks and the security of the event. On July 21, 2024 and July 23, 2024, he released preliminary findings and provided the public updated timelines on July 30, 2024 and on Aug. 29, 2024 regarding law enforcement’s awareness of Crooks.

    On Sept. 25, 2024, Sens. Johnson, Rand Paul, Gary Peters, and Richard Blumenthal released an interim report detailing the security failures at the Butler campaign rally and outstanding requests connected to the assassination attempt.

    The deadline for Sen. Johnson’s subpoena is Aug. 1, 2025. The full text of the subpoena can be found here.

    MIL OSI USA News –

  • MIL-OSI USA: CEO of an Iranian Engineering Company Arrested for Allegedly Shipping Sophisticated Electronics from the U.S. to Iran in Violation of U.S. Sanctions

    Source: US State of California

    An Iranian national and U.S. lawful permanent resident has been arrested on a four-count federal indictment charging him with unlawfully exporting electronics used in railway signaling and telecommunications systems from the United States to Iran, in violation the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR).

    Bahram Mohammad Ostovari, 66, a resident of Santa Monica and Tehran, Iran, was arrested Thursday afternoon upon his arrival at Los Angeles International Airport.

    Ostovari is charged with one count of conspiracy to violate the International Emergency Economic Powers Act and three counts of violating the IEEPA.

    According to the indictment unsealed today, Ostovari is the founder and CEO of a Tehran-based engineering company – identified in the indictment as “Company A” – that supplied signaling and communications systems to Iran and its government, including on projects for the Islamic Republic of Iran Railways. From at least May 2018 to July 2025, Ostovari and his co-conspirators obtained and shipped sophisticated computer processors, railway signaling equipment, and other electronics and electronic components to Company A in Iran. Many of these items were controlled under federal regulations, and their export to Iran without a license was prohibited.

    To perpetrate his illegal export scheme, Ostovari used two front companies he controlled in the UAE – MH-SYS FZCO and Match Systech FZE – as conduits. Ostovari directed co-conspirators at these front companies to acquire the electronics and electronic components for Company A. Ostovari and his co-conspirators intentionally concealed from electronics suppliers in the United States and elsewhere that the goods were destined for Iran, falsely stating that MH-SYS and Match Systech in the UAE were the end users when in fact the true end user was Company A in Iran. Ostovari then directed his co-conspirators to arrange to ship the goods from the UAE to Company A in Iran.

    After he became a lawful permanent resident of the United States in May 2020, Ostovari continued to export, sell, and supply electronics and electrical components to Company A in Iran.

    As alleged, Ostovari knew of the U.S. sanctions against Iran, mentioning them in emails to co-conspirators and directing one co-conspirator to provide false information to a federal export control officer regarding the end use of U.S.-origin goods they had shipped to Company A in Iran.

    The IEEPA and the ITSR impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism. The IEEPA and ITSR, among other things, prohibit the export, re-export, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services to Iran or the Government of Iran without first obtaining authorization from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

    At no time did Ostovari, his companies, or his co-conspirators apply for or obtain authorization from OFAC to export, sell or supply goods and technologies from the United States to Iran.

    If convicted, Ostovari faces a maximum penalty of 20 years in prison for each count.

    Homeland Security Investigations and the Department of Commerce’s Bureau of Industry and Security are investigating this case.

    Assistant U.S. Attorneys David C. Lachman and Colin S. Scott for the Central District of California are prosecuting the case, with valuable assistance from Trial Attorney Kathryn DeMarco of the National Security Division’s Counterintelligence and Export Control Section.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL OSI USA News –

  • MIL-OSI USA: CEO of an Iranian Engineering Company Arrested for Allegedly Shipping Sophisticated Electronics from the U.S. to Iran in Violation of U.S. Sanctions

    Source: US State of California

    An Iranian national and U.S. lawful permanent resident has been arrested on a four-count federal indictment charging him with unlawfully exporting electronics used in railway signaling and telecommunications systems from the United States to Iran, in violation the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR).

    Bahram Mohammad Ostovari, 66, a resident of Santa Monica and Tehran, Iran, was arrested Thursday afternoon upon his arrival at Los Angeles International Airport.

    Ostovari is charged with one count of conspiracy to violate the International Emergency Economic Powers Act and three counts of violating the IEEPA.

    According to the indictment unsealed today, Ostovari is the founder and CEO of a Tehran-based engineering company – identified in the indictment as “Company A” – that supplied signaling and communications systems to Iran and its government, including on projects for the Islamic Republic of Iran Railways. From at least May 2018 to July 2025, Ostovari and his co-conspirators obtained and shipped sophisticated computer processors, railway signaling equipment, and other electronics and electronic components to Company A in Iran. Many of these items were controlled under federal regulations, and their export to Iran without a license was prohibited.

    To perpetrate his illegal export scheme, Ostovari used two front companies he controlled in the UAE – MH-SYS FZCO and Match Systech FZE – as conduits. Ostovari directed co-conspirators at these front companies to acquire the electronics and electronic components for Company A. Ostovari and his co-conspirators intentionally concealed from electronics suppliers in the United States and elsewhere that the goods were destined for Iran, falsely stating that MH-SYS and Match Systech in the UAE were the end users when in fact the true end user was Company A in Iran. Ostovari then directed his co-conspirators to arrange to ship the goods from the UAE to Company A in Iran.

    After he became a lawful permanent resident of the United States in May 2020, Ostovari continued to export, sell, and supply electronics and electrical components to Company A in Iran.

    As alleged, Ostovari knew of the U.S. sanctions against Iran, mentioning them in emails to co-conspirators and directing one co-conspirator to provide false information to a federal export control officer regarding the end use of U.S.-origin goods they had shipped to Company A in Iran.

    The IEEPA and the ITSR impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism. The IEEPA and ITSR, among other things, prohibit the export, re-export, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services to Iran or the Government of Iran without first obtaining authorization from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

    At no time did Ostovari, his companies, or his co-conspirators apply for or obtain authorization from OFAC to export, sell or supply goods and technologies from the United States to Iran.

    If convicted, Ostovari faces a maximum penalty of 20 years in prison for each count.

    Homeland Security Investigations and the Department of Commerce’s Bureau of Industry and Security are investigating this case.

    Assistant U.S. Attorneys David C. Lachman and Colin S. Scott for the Central District of California are prosecuting the case, with valuable assistance from Trial Attorney Kathryn DeMarco of the National Security Division’s Counterintelligence and Export Control Section.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL OSI USA News –

  • MIL-OSI USA: CEO of an Iranian Engineering Company Arrested for Allegedly Shipping Sophisticated Electronics from the U.S. to Iran in Violation of U.S. Sanctions

    Source: US State of California

    An Iranian national and U.S. lawful permanent resident has been arrested on a four-count federal indictment charging him with unlawfully exporting electronics used in railway signaling and telecommunications systems from the United States to Iran, in violation the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR).

    Bahram Mohammad Ostovari, 66, a resident of Santa Monica and Tehran, Iran, was arrested Thursday afternoon upon his arrival at Los Angeles International Airport.

    Ostovari is charged with one count of conspiracy to violate the International Emergency Economic Powers Act and three counts of violating the IEEPA.

    According to the indictment unsealed today, Ostovari is the founder and CEO of a Tehran-based engineering company – identified in the indictment as “Company A” – that supplied signaling and communications systems to Iran and its government, including on projects for the Islamic Republic of Iran Railways. From at least May 2018 to July 2025, Ostovari and his co-conspirators obtained and shipped sophisticated computer processors, railway signaling equipment, and other electronics and electronic components to Company A in Iran. Many of these items were controlled under federal regulations, and their export to Iran without a license was prohibited.

    To perpetrate his illegal export scheme, Ostovari used two front companies he controlled in the UAE – MH-SYS FZCO and Match Systech FZE – as conduits. Ostovari directed co-conspirators at these front companies to acquire the electronics and electronic components for Company A. Ostovari and his co-conspirators intentionally concealed from electronics suppliers in the United States and elsewhere that the goods were destined for Iran, falsely stating that MH-SYS and Match Systech in the UAE were the end users when in fact the true end user was Company A in Iran. Ostovari then directed his co-conspirators to arrange to ship the goods from the UAE to Company A in Iran.

    After he became a lawful permanent resident of the United States in May 2020, Ostovari continued to export, sell, and supply electronics and electrical components to Company A in Iran.

    As alleged, Ostovari knew of the U.S. sanctions against Iran, mentioning them in emails to co-conspirators and directing one co-conspirator to provide false information to a federal export control officer regarding the end use of U.S.-origin goods they had shipped to Company A in Iran.

    The IEEPA and the ITSR impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism. The IEEPA and ITSR, among other things, prohibit the export, re-export, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services to Iran or the Government of Iran without first obtaining authorization from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

    At no time did Ostovari, his companies, or his co-conspirators apply for or obtain authorization from OFAC to export, sell or supply goods and technologies from the United States to Iran.

    If convicted, Ostovari faces a maximum penalty of 20 years in prison for each count.

    Homeland Security Investigations and the Department of Commerce’s Bureau of Industry and Security are investigating this case.

    Assistant U.S. Attorneys David C. Lachman and Colin S. Scott for the Central District of California are prosecuting the case, with valuable assistance from Trial Attorney Kathryn DeMarco of the National Security Division’s Counterintelligence and Export Control Section.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL OSI USA News –

  • MIL-OSI: First Bancshares, Inc. Announces Operating Results for Quarter Ended June 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN GROVE, Mo., July 11, 2025 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCQX: FBSI) (“Company”), the holding company for Stockmens Bank (“Bank”), today announced its unaudited financial results for the quarter ended June 30, 2025.

    For the second quarter of 2025, the Company reported after-tax net income of $1,824,000 or $0.75 per share-diluted compared to $1,630,000 or $0.67 per share-diluted for the same period in 2024. Net income for the second quarter of 2025 represents an after-tax return on average assets of 1.36% and an after-tax return on equity of 11.82%. These earnings ratios repeated their recent trend of outperformance despite an atypical $7.5 million increase in asset size due to an arbitrage play and strategic stockpiling of capital reserves.

    Since June 30, 2024, the Company experienced growth in all major balance sheet categories aside from investment securities with consolidated total assets increasing $27.3 million to $544.1 million, cash & cash equivalents increasing $13.0 million to $55.8 million, and net loans receivable increasing $15.9 million to $445.3 million. Total deposits increased $13.4 million to $468.3 million, and stockholders’ equity increased $6.3 million to $62.3 million.

    Through the second quarter of 2025, the Company has made significant efforts to fortify its balance sheet. Liquidity remains robust with excess cash being deployed into high-quality loan assets, earning asset yields rose, costs of funds has been kept in check, asset quality improved from already impressive levels, and capital ratios developed to a level that affords the Company the flexibility to pursue growth opportunities as they arise.

    The Bank meets all regulatory requirements for “well-capitalized” status.

    About the Company

    First Bancshares, Inc. is the holding company for Stockmens Bank, a FDIC-insured commercial bank chartered by the State of Colorado that conducts business from its home office in Colorado Springs, Colorado, and eight full-service Missouri offices in Mountain Grove, Marshfield, Ava, Kissee Mills, Gainesville, Crane, Hartville and Springfield, and full-service offices in Bartley, Nebraska and Akron, Colorado.

    Cautionary Note Regarding Forward-Looking Statements

    The Company and its wholly owned subsidiary, Stockmens Bank, may from time to time make written or oral “forward-looking statements” in its reports to shareholders, and in other communications by the Company, which are made in good faith by the Company pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.

    These forward-looking statements include statements with respect to the Company’s beliefs, expectations, estimates and intentions that are subject to significant risks and uncertainties, and are subject to change based on various factors, some of which are beyond the Company’s control. Such statements address the following subjects: future operating results; customer growth and retention; loan and other product demand; earnings growth and expectations; new products and services; credit quality and adequacy of reserves; results of examinations by our bank regulators, technology, and our employees. The following factors, among others, could cause the Company’s financial performance to differ materially from the expectations, estimates and intentions expressed in such forward-looking statements: the strength of the United States economy in general and the strength of the local economies in which the Company conducts operations; the effects of, and changes in, trade, monetary, and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; inflation, interest rate, market, and monetary fluctuations; the timely development and acceptance of new products and services of the Company and the perceived overall value of these products and services by users; the impact of changes in financial services’ laws and regulations; technological changes; acquisitions; changes in consumer spending and savings habits; and the success of the Company at managing and collecting assets of borrowers in default and managing the risks of the foregoing.

    The foregoing list of factors is not exclusive. The Company does not undertake, and expressly disclaims any intent or obligation, to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.

    Contact: Robert M. Alexander, Chairman and CEO – (719) 955-2800

    First Bancshares, Inc. and Subsidiaries  
    Financial Highlights  
    (unaudited)  
    (In thousands, except per share amounts)  
                             
                             
          Quarter Ended    Six Months Ended 
          June 30,    June 30, 
            2025      2024     2025     2024 
    Operating Data:                      
                             
    Total interest income   $ 8,407     $ 8,013     $ 16,371     $ 16,154  
    Total interest expense     2,411       2,689       4,721       5,486  
      Net interest income     5,996       5,324       11,650       10,668  
    Provision for credit losses     61       141       239       343  
      Net interest income after provision for credit losses     5,935       5,183       11,411       10,325  
    Gain (loss) on sale of investments     –       –       –       –  
    Non-interest income     474       410       835       786  
    Non-interest expense     4,014       3,434       7,597       6,757  
    Income before taxes     2,395       2,159       4,649       4,354  
    Income tax expense     571       529       1,133       1,071  
      Net income   $ 1,824     $ 1,630     $ 3,516     $ 3,283  
                             
      Earnings per share   $ 0.75     $ 0.67     $ 1.46     $ 1.35  
                             
          At   At     At        
          June 30,   December 31,     June 30,        
    Financial Condition Data:     2025       2024       2024        
                             
    Cash and cash equivalents   $ 55,758     $ 68,570     $ 42,769        
      (excludes CDs)                            
    Investment securities     13,421       13,066       12,966        
      (includes CDs)                      
    Loans receivable, net     445,372       423,657       429,444        
    Goodwill and intangibles     1,443       1,515       1,586        
    Total assets     544,072       537,885       516,784        
    Deposits     468,345       472,596       454,992        
    Repurchase agreements     1,102       1,084       1,601        
    Borrowings     7,500       –       –        
    Stockholders’ equity     62,336       59,562       56,037        
    Book value per share   $ 25.68     $ 24.53     $ 23.08        

    The MIL Network –

  • MIL-OSI USA: As Member of Armed Services Committee, Peters Helps Advance Strong National Defense Bill to Bolster Michigan’s Defense Capabilities

    US Senate News:

    Source: United States Senator for Michigan Gary Peters
    WASHINGTON, DC – As a member of the Armed Services Committee, U.S. Senator Gary Peters (MI) helped advance the annual National Defense Authorization Act out of committee. Peters successfully authored and secured provisions in the bipartisan bill to strengthen U.S. national security, invest in Michigan’s military facilities and robust defense sector, support our nation’s long-term strategic efforts to combat aggression by adversaries like China and Russia, fund initiatives to clean up PFAS contamination, and give our servicemembers a pay raise. The bill now advances to the full Senate for consideration.
    “Across Michigan, our servicemembers, defense manufacturers, and top-notch military installations play an essential role in keeping our nation safe and secure,” said Senator Peters. “I was proud to secure investments in this bill to bolster those defense assets and capabilities, while supporting statewide economic growth. This bill also helps us meet the rising threats posed by our adversaries like China and Russia to protect both folks at home and our troops serving around the world.”
    The National Defense Authorization Act sets annual policy for the Department of Defense (DOD) and has been signed into law for more than 60 consecutive years. 
    Peters led or supported the following provisions, including authorizing more than $18 million in funding for Michigan’s military facilities: 
    Investing in Michigan’s Military Facilities
    $9 million for Runway Improvement at Selfridge Air National Guard Base: This funding would allow for runway improvements at Selfridge Air National Guard Base in Macomb County to prepare for basing of future missions, including the KC-46 Tankers and F-15EX fighter jets that were announced for Selfridge following years of persistent work and advocacy by Peters. 
    $5.2 million to Construct Two New Taxiways at Selfridge: This funding would support the construction of two new taxiways at Selfridge to prepare for basing of future missions including Selfridge’s two missions. This includes $2.8 million for the construction of Taxiway Alpha and $2.4 million for the construction of Taxiway Bravo.
    $4.4 million for Camp Grayling All-Domain Warfighting Training Complex: This funding would kickstart the Camp Grayling All-Domain Warfighting Training Complex (ADWTC) critical for military training exercises like Northern Strike. The ADWTC provides a state-of-the-art facility where servicemembers can plan, lead, and execute realistic training. The ADWTC is critical for growing military training exercises like Northern Strike and ensuring this critical exercise remains the premier training exercise in the country.
    Permanent Funding for Northern Strike: Peters secured report language urging permanent funding for the annual Northern Strike Exercise, which is the largest all-domain reserve forces exercise. Northern Strike provides a realistic training environment and robust training experiences for units and leaders to strengthen joint all-domain warfighting – and helps keep Michigan central to our national defense operations.
    Bolstering Collaborative Combat Aircraft Production: Senator Peters secured language in the bill that directs the Air Force to move forward with initial full-scale production of Collaborative Combat Aircraft (CCA). Peters has pushed forand secured language to support the development and integration of CCAs, including during a hearing last year with the former Secretary of Defense and a recent hearing with the current U.S. Air Force Secretary. As a member of the Senate Appropriations Committee, Peters has also secured language to help position Selfridge Air National Guard Base as a potential location for CCA fielding. He led a provision included in recent government funding legislation requiring a report regarding basing criteria of CCAs. This report will include an evaluation of whether existing Air National Guard bases with legacy fighter missions, such as Selfridge, may be appropriate locations for the basing of CCAs.
    Connected Vehicle Cybersecurity Center at Selfridge: Peters led a provision in the bill underscoring the growing threat of cyberattacks on both manned and unmanned military vehicles and platforms, as well as critical infrastructure that interacts with advanced vehicles. The provision recognizes the work of the Army Ground Vehicle Systems Center (GVSC) in Warren, Michigan to identify cyber vulnerabilities to secure joint ground vehicle platforms and prevent cyberattacks on critical infrastructure. The bill encourages vehicle cybersecurity at places like GVSC who is working to establish its Connected Vehicle Cybersecurity Center, which will also be located in Michigan at Selfridge Air National Guard Base. In addition to supporting our Armed Forces and servicemembers, the Connected Vehicle Cybersecurity Center will support Michigan’s auto industry and help establish Southeast Michigan as a hub for all auto-cyber activity in the country. Peters has continuously used his role on the Armed Services Committee to support the GVSC, and recently warned DOD officials about the consequences of potential cuts at the GVSC.
    Emergency Response Authority Act: Peters successfully secured an amendment to give states more flexibility in deploying Army Guard and Reserve (AGR) personnel with specialized skills for emergency response. This proposal would allow AGR forces to respond to state declared emergencies, such as floods, hurricanes and other natural disasters, for a total of 14 days per person. This provision empowers states to respond to major disasters more quickly and effectively.
    Supporting Our Servicemembers and Their Families
    Pay Raise for Servicemembers: This bill includes pay raises of 3.8 percent for military servicemembers. 
    Addressing PFAS Contamination
    Improving Transparency of PFAS Cleanup & Remediation Efforts: Peters successfully included a provision that requires DOD to submit annual reports detailing site-specific funding, progress, and barriers for all interim PFAS remediation and cleanup efforts. This includes timelines, performance metrics, and the status of the actions. Peters’ provision also requires DOD to create a public online dashboard within one year to display updated PFAS cleanup data, funding, timelines, and community points of contact. Peters has worked with communities across Michigan for years on PFAS remediation efforts. Peters convened the first-ever hearing on PFAS contamination in the Senate, and convened a field summit in Grand Rapids in November 2018 to shine a light on how local, state and federal governments are coordinating responses to address PFAS contamination. He has also passed numerous bills into law to help address PFAS contamination and protect Michiganders. Michigan is home to a number of military installations where PFAS contamination has been detected, including Camp Grayling and the former Wurtsmith Air Force Base in Oscoda.
    Ensuring Access to Clean Drinking Water for Communities Affected by PFAS Contamination: The bill contains a Peters led initiative to direct DOD to provide bottled water to communities with private drinking water wells with high levels of PFAS contamination as a result of DOD activities. 
    Supporting Michigan’s Defense Sector
    Bolstering Infantry Squad Vehicle Production: The bill also authorized $34.4 million to maintain continued production and fielding of General Motors (GM) Defense’s Infantry Squad Vehicle (ISV). GM Defense conducts its testing, research, and development of projects at the Milford Proving Ground in Oakland County, where two of its key programs of record were conceived, and employs over 50,000 people in Michigan.
    Supporting Munition Production in Grayling: The bill includes $31.9 million to support production of the Army’s Individual Assault Munitions (IAM), which will soon be made at a new production facility being constructed in Grayling, Michigan. This new facility is expected to employ 70 people in 2025 and expand to an estimated 100 employees by 2027. 
    Boosting Made in Michigan Ground Vehicle Production: The bill authorizes robust funding for the Army to produce new, modernized Strykers as well as Abrams tanks. This funding would help ensure that Made in Michigan testing and development of ground vehicles like the Strykers are operating with cutting edge technology designed to keep our servicemembers safe.
    Bolstering Military Aircraft Engine Industrial Base: Peters secured a provision that requires the Secretary of Defense to provide a roadmap for bolstering our military aircraft engine industrial base to support existing and planned platforms. 
    Expanding Fuel Cell Use: This provision Peters secured authorizes $5 million for research and development of multi-modular fuel cells, primarily to be used in electric vehicle charging stations and mobile generators. This research will help increase the reliability of power for military installations and improve DOD’s energy management and efficiency plans. 
    Strengthening Cybersecurity and Advanced Technology Capabilities
    Protecting Against Phishing Attacks: This report language, secured by Peters, requires DOD to issue a strategy on implementing the adoption of phishing-resistant authentication across the Department. There has been an increase in phishing attempts targeting officials at DOD to retrieve personal information that allows hackers and foreign adversaries to gain access to delicate national security information. This provision would ensure that DOD takes steps to protect sensitive national security information and protect American lives.
    Preventing Manipulation of DOD-Generated Media: Peters secured an amendment he led which would require DOD to implement digital content provenance across the Department. Digital content creation, editing, and distribution tools are increasingly more accessible, and can be easily weaponized against the U.S. by our foreign adversaries who seek to threaten our national security, spread anti-American propaganda, and weaken our institutions. The amendment would help prevent DOD media content from being manipulated and used maliciously against our country by creating a pilot program to implement authenticity information on DOD-generated media. This builds on Peters’ bipartisan Digital Defense Content Provenance Act, which he secured in a previous national defense bill and requires DOD to create a course at the Defense Information School to teach personnel about the threats posed by synthetic media such as deepfakes, as well as emerging technologies and key concepts of digital content provenance. The bill also created a pilot program at DOD to assess the feasibility of establishing content standard technologies on DOD-produced and owned media content.
    Strengthening U.S. Cyber Workforce: Peters secured a provision that would require a report on the implementation of the DOD Cyber Workforce Strategy. DOD has struggled to attract and retain a skilled cyber workforce. The DOD Cyber Workforce Strategy was designed to identify difficulties and provide specific activities to increase applications and retainment of the cyber workforce, both military and civilian. A skilled DOD cyber workforce benefits all Americans.
    Enhancing DOD Weapons Systems to Protect Against Real-Time Cybersecurity Threats: The bill includes specific directives for the DOD to enhances its weapons systems with technology to track cybersecurity threats. This will all for weapons systems at Military bases in Michigan and across the country to track cyber threats in real time and constantly update the health and security of their cybersecurity operations. 
    Developing U.S. Unmanned Aircraft System (UAS) Capabilities: The bill would provide increased funding for the development of new and innovative design and production of low-cost, uncrewed systems. The bill would also require a strategy to develop a secure domestic supply chain of critical components for small UAS systems.
    Advancing Counter-UAS Technologies: The bill would authorize increased funding for various counter-UAS activities, and require a strategy for countering drone technologies and assessing resources or authorities needed for drone incursion response to ensure we are equipped for the future of warfare. It would direct the Army, Navy, and Air Force to provide briefings on their respective service plans for counter-UAS capabilities. 
    Supporting U.S. Security Interests Around the World
    Planning for Enhanced Operations in Artic Region: The bill includes a provision authored by Peters that recognizes the current geopolitical challenges and opportunities presented by the Artic region, and supports efforts to better understand the emerging need to enhance operations in the region. Specifically, the bill encourages the Secretary of Defense to partner with interagency organizations, including the Center for Arctic Security and Resiliency and the Joint All Domain Weather Operations Center, to coordinate federal agency planning for Arctic operations as well as testing of systems to support Arctic operations.
    Support Israel’s Defense Against Emerging Threats: Peters secured funding in the bill to help increase U.S. collaboration with Israel to develop emerging defense technologies to meet the warfare challenges of the future. Peters also secured a provision that would establish a cooperative program between the U.S. and Israel for advancing C-UAS technologies and joint research. Peters introduced bipartisan legislation last Congress to bolster collaboration between the United States and Israel on emerging technologies.
    Strengthen Efforts to Combat Anti-Tunneling Activity: The bill authorizes additional funding to strengthen current collaborative efforts between the U.S. and Israeli Defense Forces (IDF) to combat Hamas and strengthen anti-tunneling activity in the Gaza strip. As part of the DOD’s collaboration with the IDF, Israel shares its counter-tunnel technology with the DOD and Department of Homeland Security to combat growing threats at our borders, as well as similar threats faced on the Korean Peninsula and in multiple locations in the Middle East. 
    Support for Taiwan: This bill would strengthen security cooperation across the defense industrial bases of U.S. allies and partners in the Indo-Pacific, including Taiwan. The bill would support Taiwanese defense needs and strengthen U.S.-Taiwanese defense collaboration. The bill would also direct the Defense Department to assess Taiwan’s critical digital infrastructure and identify potential actions to help strengthen it.
    Counter Chinese Communist Party Aggression: The bill includes numerous provisions to counter aggression from the Chinese government, including a provision requiring a report on the intelligence capabilities of the People’s Republic of China and the Russian Federation in the Republic of Cuba.

    MIL OSI USA News –

  • MIL-OSI USA: As Member of Armed Services Committee, Peters Helps Advance Strong National Defense Bill to Bolster Michigan’s Defense Capabilities

    US Senate News:

    Source: United States Senator for Michigan Gary Peters
    WASHINGTON, DC – As a member of the Armed Services Committee, U.S. Senator Gary Peters (MI) helped advance the annual National Defense Authorization Act out of committee. Peters successfully authored and secured provisions in the bipartisan bill to strengthen U.S. national security, invest in Michigan’s military facilities and robust defense sector, support our nation’s long-term strategic efforts to combat aggression by adversaries like China and Russia, fund initiatives to clean up PFAS contamination, and give our servicemembers a pay raise. The bill now advances to the full Senate for consideration.
    “Across Michigan, our servicemembers, defense manufacturers, and top-notch military installations play an essential role in keeping our nation safe and secure,” said Senator Peters. “I was proud to secure investments in this bill to bolster those defense assets and capabilities, while supporting statewide economic growth. This bill also helps us meet the rising threats posed by our adversaries like China and Russia to protect both folks at home and our troops serving around the world.”
    The National Defense Authorization Act sets annual policy for the Department of Defense (DOD) and has been signed into law for more than 60 consecutive years. 
    Peters led or supported the following provisions, including authorizing more than $18 million in funding for Michigan’s military facilities: 
    Investing in Michigan’s Military Facilities
    $9 million for Runway Improvement at Selfridge Air National Guard Base: This funding would allow for runway improvements at Selfridge Air National Guard Base in Macomb County to prepare for basing of future missions, including the KC-46 Tankers and F-15EX fighter jets that were announced for Selfridge following years of persistent work and advocacy by Peters. 
    $5.2 million to Construct Two New Taxiways at Selfridge: This funding would support the construction of two new taxiways at Selfridge to prepare for basing of future missions including Selfridge’s two missions. This includes $2.8 million for the construction of Taxiway Alpha and $2.4 million for the construction of Taxiway Bravo.
    $4.4 million for Camp Grayling All-Domain Warfighting Training Complex: This funding would kickstart the Camp Grayling All-Domain Warfighting Training Complex (ADWTC) critical for military training exercises like Northern Strike. The ADWTC provides a state-of-the-art facility where servicemembers can plan, lead, and execute realistic training. The ADWTC is critical for growing military training exercises like Northern Strike and ensuring this critical exercise remains the premier training exercise in the country.
    Permanent Funding for Northern Strike: Peters secured report language urging permanent funding for the annual Northern Strike Exercise, which is the largest all-domain reserve forces exercise. Northern Strike provides a realistic training environment and robust training experiences for units and leaders to strengthen joint all-domain warfighting – and helps keep Michigan central to our national defense operations.
    Bolstering Collaborative Combat Aircraft Production: Senator Peters secured language in the bill that directs the Air Force to move forward with initial full-scale production of Collaborative Combat Aircraft (CCA). Peters has pushed forand secured language to support the development and integration of CCAs, including during a hearing last year with the former Secretary of Defense and a recent hearing with the current U.S. Air Force Secretary. As a member of the Senate Appropriations Committee, Peters has also secured language to help position Selfridge Air National Guard Base as a potential location for CCA fielding. He led a provision included in recent government funding legislation requiring a report regarding basing criteria of CCAs. This report will include an evaluation of whether existing Air National Guard bases with legacy fighter missions, such as Selfridge, may be appropriate locations for the basing of CCAs.
    Connected Vehicle Cybersecurity Center at Selfridge: Peters led a provision in the bill underscoring the growing threat of cyberattacks on both manned and unmanned military vehicles and platforms, as well as critical infrastructure that interacts with advanced vehicles. The provision recognizes the work of the Army Ground Vehicle Systems Center (GVSC) in Warren, Michigan to identify cyber vulnerabilities to secure joint ground vehicle platforms and prevent cyberattacks on critical infrastructure. The bill encourages vehicle cybersecurity at places like GVSC who is working to establish its Connected Vehicle Cybersecurity Center, which will also be located in Michigan at Selfridge Air National Guard Base. In addition to supporting our Armed Forces and servicemembers, the Connected Vehicle Cybersecurity Center will support Michigan’s auto industry and help establish Southeast Michigan as a hub for all auto-cyber activity in the country. Peters has continuously used his role on the Armed Services Committee to support the GVSC, and recently warned DOD officials about the consequences of potential cuts at the GVSC.
    Emergency Response Authority Act: Peters successfully secured an amendment to give states more flexibility in deploying Army Guard and Reserve (AGR) personnel with specialized skills for emergency response. This proposal would allow AGR forces to respond to state declared emergencies, such as floods, hurricanes and other natural disasters, for a total of 14 days per person. This provision empowers states to respond to major disasters more quickly and effectively.
    Supporting Our Servicemembers and Their Families
    Pay Raise for Servicemembers: This bill includes pay raises of 3.8 percent for military servicemembers. 
    Addressing PFAS Contamination
    Improving Transparency of PFAS Cleanup & Remediation Efforts: Peters successfully included a provision that requires DOD to submit annual reports detailing site-specific funding, progress, and barriers for all interim PFAS remediation and cleanup efforts. This includes timelines, performance metrics, and the status of the actions. Peters’ provision also requires DOD to create a public online dashboard within one year to display updated PFAS cleanup data, funding, timelines, and community points of contact. Peters has worked with communities across Michigan for years on PFAS remediation efforts. Peters convened the first-ever hearing on PFAS contamination in the Senate, and convened a field summit in Grand Rapids in November 2018 to shine a light on how local, state and federal governments are coordinating responses to address PFAS contamination. He has also passed numerous bills into law to help address PFAS contamination and protect Michiganders. Michigan is home to a number of military installations where PFAS contamination has been detected, including Camp Grayling and the former Wurtsmith Air Force Base in Oscoda.
    Ensuring Access to Clean Drinking Water for Communities Affected by PFAS Contamination: The bill contains a Peters led initiative to direct DOD to provide bottled water to communities with private drinking water wells with high levels of PFAS contamination as a result of DOD activities. 
    Supporting Michigan’s Defense Sector
    Bolstering Infantry Squad Vehicle Production: The bill also authorized $34.4 million to maintain continued production and fielding of General Motors (GM) Defense’s Infantry Squad Vehicle (ISV). GM Defense conducts its testing, research, and development of projects at the Milford Proving Ground in Oakland County, where two of its key programs of record were conceived, and employs over 50,000 people in Michigan.
    Supporting Munition Production in Grayling: The bill includes $31.9 million to support production of the Army’s Individual Assault Munitions (IAM), which will soon be made at a new production facility being constructed in Grayling, Michigan. This new facility is expected to employ 70 people in 2025 and expand to an estimated 100 employees by 2027. 
    Boosting Made in Michigan Ground Vehicle Production: The bill authorizes robust funding for the Army to produce new, modernized Strykers as well as Abrams tanks. This funding would help ensure that Made in Michigan testing and development of ground vehicles like the Strykers are operating with cutting edge technology designed to keep our servicemembers safe.
    Bolstering Military Aircraft Engine Industrial Base: Peters secured a provision that requires the Secretary of Defense to provide a roadmap for bolstering our military aircraft engine industrial base to support existing and planned platforms. 
    Expanding Fuel Cell Use: This provision Peters secured authorizes $5 million for research and development of multi-modular fuel cells, primarily to be used in electric vehicle charging stations and mobile generators. This research will help increase the reliability of power for military installations and improve DOD’s energy management and efficiency plans. 
    Strengthening Cybersecurity and Advanced Technology Capabilities
    Protecting Against Phishing Attacks: This report language, secured by Peters, requires DOD to issue a strategy on implementing the adoption of phishing-resistant authentication across the Department. There has been an increase in phishing attempts targeting officials at DOD to retrieve personal information that allows hackers and foreign adversaries to gain access to delicate national security information. This provision would ensure that DOD takes steps to protect sensitive national security information and protect American lives.
    Preventing Manipulation of DOD-Generated Media: Peters secured an amendment he led which would require DOD to implement digital content provenance across the Department. Digital content creation, editing, and distribution tools are increasingly more accessible, and can be easily weaponized against the U.S. by our foreign adversaries who seek to threaten our national security, spread anti-American propaganda, and weaken our institutions. The amendment would help prevent DOD media content from being manipulated and used maliciously against our country by creating a pilot program to implement authenticity information on DOD-generated media. This builds on Peters’ bipartisan Digital Defense Content Provenance Act, which he secured in a previous national defense bill and requires DOD to create a course at the Defense Information School to teach personnel about the threats posed by synthetic media such as deepfakes, as well as emerging technologies and key concepts of digital content provenance. The bill also created a pilot program at DOD to assess the feasibility of establishing content standard technologies on DOD-produced and owned media content.
    Strengthening U.S. Cyber Workforce: Peters secured a provision that would require a report on the implementation of the DOD Cyber Workforce Strategy. DOD has struggled to attract and retain a skilled cyber workforce. The DOD Cyber Workforce Strategy was designed to identify difficulties and provide specific activities to increase applications and retainment of the cyber workforce, both military and civilian. A skilled DOD cyber workforce benefits all Americans.
    Enhancing DOD Weapons Systems to Protect Against Real-Time Cybersecurity Threats: The bill includes specific directives for the DOD to enhances its weapons systems with technology to track cybersecurity threats. This will all for weapons systems at Military bases in Michigan and across the country to track cyber threats in real time and constantly update the health and security of their cybersecurity operations. 
    Developing U.S. Unmanned Aircraft System (UAS) Capabilities: The bill would provide increased funding for the development of new and innovative design and production of low-cost, uncrewed systems. The bill would also require a strategy to develop a secure domestic supply chain of critical components for small UAS systems.
    Advancing Counter-UAS Technologies: The bill would authorize increased funding for various counter-UAS activities, and require a strategy for countering drone technologies and assessing resources or authorities needed for drone incursion response to ensure we are equipped for the future of warfare. It would direct the Army, Navy, and Air Force to provide briefings on their respective service plans for counter-UAS capabilities. 
    Supporting U.S. Security Interests Around the World
    Planning for Enhanced Operations in Artic Region: The bill includes a provision authored by Peters that recognizes the current geopolitical challenges and opportunities presented by the Artic region, and supports efforts to better understand the emerging need to enhance operations in the region. Specifically, the bill encourages the Secretary of Defense to partner with interagency organizations, including the Center for Arctic Security and Resiliency and the Joint All Domain Weather Operations Center, to coordinate federal agency planning for Arctic operations as well as testing of systems to support Arctic operations.
    Support Israel’s Defense Against Emerging Threats: Peters secured funding in the bill to help increase U.S. collaboration with Israel to develop emerging defense technologies to meet the warfare challenges of the future. Peters also secured a provision that would establish a cooperative program between the U.S. and Israel for advancing C-UAS technologies and joint research. Peters introduced bipartisan legislation last Congress to bolster collaboration between the United States and Israel on emerging technologies.
    Strengthen Efforts to Combat Anti-Tunneling Activity: The bill authorizes additional funding to strengthen current collaborative efforts between the U.S. and Israeli Defense Forces (IDF) to combat Hamas and strengthen anti-tunneling activity in the Gaza strip. As part of the DOD’s collaboration with the IDF, Israel shares its counter-tunnel technology with the DOD and Department of Homeland Security to combat growing threats at our borders, as well as similar threats faced on the Korean Peninsula and in multiple locations in the Middle East. 
    Support for Taiwan: This bill would strengthen security cooperation across the defense industrial bases of U.S. allies and partners in the Indo-Pacific, including Taiwan. The bill would support Taiwanese defense needs and strengthen U.S.-Taiwanese defense collaboration. The bill would also direct the Defense Department to assess Taiwan’s critical digital infrastructure and identify potential actions to help strengthen it.
    Counter Chinese Communist Party Aggression: The bill includes numerous provisions to counter aggression from the Chinese government, including a provision requiring a report on the intelligence capabilities of the People’s Republic of China and the Russian Federation in the Republic of Cuba.

    MIL OSI USA News –

  • MIL-OSI Security: CEO of an Iranian Engineering Company Arrested for Allegedly Shipping Sophisticated Electronics from the U.S. to Iran in Violation of U.S. Sanctions

    Source: United States Attorneys General 11

    An Iranian national and U.S. lawful permanent resident has been arrested on a four-count federal indictment charging him with unlawfully exporting electronics used in railway signaling and telecommunications systems from the United States to Iran, in violation the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR).

    Bahram Mohammad Ostovari, 66, a resident of Santa Monica and Tehran, Iran, was arrested Thursday afternoon upon his arrival at Los Angeles International Airport.

    Ostovari is charged with one count of conspiracy to violate the International Emergency Economic Powers Act and three counts of violating the IEEPA.

    According to the indictment unsealed today, Ostovari is the founder and CEO of a Tehran-based engineering company – identified in the indictment as “Company A” – that supplied signaling and communications systems to Iran and its government, including on projects for the Islamic Republic of Iran Railways. From at least May 2018 to July 2025, Ostovari and his co-conspirators obtained and shipped sophisticated computer processors, railway signaling equipment, and other electronics and electronic components to Company A in Iran. Many of these items were controlled under federal regulations, and their export to Iran without a license was prohibited.

    To perpetrate his illegal export scheme, Ostovari used two front companies he controlled in the UAE – MH-SYS FZCO and Match Systech FZE – as conduits. Ostovari directed co-conspirators at these front companies to acquire the electronics and electronic components for Company A. Ostovari and his co-conspirators intentionally concealed from electronics suppliers in the United States and elsewhere that the goods were destined for Iran, falsely stating that MH-SYS and Match Systech in the UAE were the end users when in fact the true end user was Company A in Iran. Ostovari then directed his co-conspirators to arrange to ship the goods from the UAE to Company A in Iran.

    After he became a lawful permanent resident of the United States in May 2020, Ostovari continued to export, sell, and supply electronics and electrical components to Company A in Iran.

    As alleged, Ostovari knew of the U.S. sanctions against Iran, mentioning them in emails to co-conspirators and directing one co-conspirator to provide false information to a federal export control officer regarding the end use of U.S.-origin goods they had shipped to Company A in Iran.

    The IEEPA and the ITSR impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism. The IEEPA and ITSR, among other things, prohibit the export, re-export, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services to Iran or the Government of Iran without first obtaining authorization from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

    At no time did Ostovari, his companies, or his co-conspirators apply for or obtain authorization from OFAC to export, sell or supply goods and technologies from the United States to Iran.

    If convicted, Ostovari faces a maximum penalty of 20 years in prison for each count.

    Homeland Security Investigations and the Department of Commerce’s Bureau of Industry and Security are investigating this case.

    Assistant U.S. Attorneys David C. Lachman and Colin S. Scott for the Central District of California are prosecuting the case, with valuable assistance from Trial Attorney Kathryn DeMarco of the National Security Division’s Counterintelligence and Export Control Section.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network –

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network –

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network –

  • MIL-OSI: Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin, the world’s largest cryptocurrency, soared to a high of $118,000 during Asian trading hours on Friday, and has risen by more than 24% so far this year.

    Driven by favorable factors such as the launch of Bitcoin ETFs and continued institutional entry, Strategy (MSTR), the listed company with the largest number of Bitcoin holders, saw its stock price rise by more than 3%, and BlackRock iShares Bitcoin Trust ETF (IBIT) rose by 4%. Cryptocurrency exchange Coinbase (COIN) rose by 2.5%. In Europe, the Blockchain Group (ALTBG), which is also building a Bitcoin vault, soared by 12%.

    Mint Miner CEO said: “Bitcoin’s record high is driven by continued institutional holdings – major players are absorbing a large amount of supply and exhausting liquidity on exchanges.”

    In the face of a good situation, investor confidence has recovered and they are beginning to look for more stable and sustainable ways to make profits in crypto. Therefore, cloud mining, as a model that “does not require cryptocurrency speculation and is not affected by drastic price fluctuations”, has begun to attract attention.

    Among them, Mint Miner, as a leader in the field of cloud mining, has quickly won the favor of users around the world with its green and energy-saving data center and smart and friendly mobile platform. Compared with traditional mining or high-frequency trading, Mint Miner provides a low-threshold, low-risk, and sustainable path to increase the value of encrypted assets.

    What are the advantages of Mint Miner cloud mining platform?
    Legal and compliant: fully compliant with British and global standards – your trust is our foundation.
    Security guarantee: The platform integrates McAfee® security and Cloudflare® protection to protect the security of user data and smooth mining.
    Zero management fee: no tricks, no hidden fees. The mining process is clean, transparent, honest, reliable, and completely transparent.
    Supported currencies: supports a variety of mainstream cryptocurrencies, such as Bitcoin, DOGE, ETH, LTC, etc.
    Free experience: new users can get a $15 reward by signing up, experience mining for free, and earn $0.6 by signing in daily.

    How to start cloud mining with Mint Miner?
    1. All you need is a username and email address. Once you sign up, you can access the Mint Miner user dashboard to view your mining data in real time.
    2. Mint Miner offers a variety of contract options to meet the needs of different users. Each contract guarantees a fixed return and daily income, ensuring a transparent and profitable mining experience. Here are some contract options:
    BTC [New User Experience Contract]: Investment amount: $100, contract period: 2 days, maturity income: $100 + $10
    BTC [WhatsMiner M50S]: Investment amount: $500, contract period: 5 days, maturity income: $500 + $30.5
    DOGE [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,500, contract period: 9 days, maturity income: $1,500 + $178.2
    ETC [ETC Miner E11]: Investment amount: $3,000, contract period: 15 days, maturity income: $3,000 + $630
    DGOE [Antminer L7 ]: Investment amount: $5,200, contract period: 20 days, maturity income: $5,200 + $1,612
    BTC [ALPH Miner AL1]: Investment amount: $10,000, contract period: 35 days, maturity income: $10,000 + $5,880

    For more contracts, please log in to Mint Miner

    3. After successfully purchasing the mining contract, the system will automatically run, and the daily settlement income will be credited to your account, allowing you to easily enjoy daily Bitcoin income.

    In the current market environment, cloud mining provides the most direct way to participate in the Bitcoin network. Compared with directly purchasing cryptocurrencies, you can obtain continuous daily income through Mint Miner, which is why Mint Miner is favored by a large number of users. It not only represents a new way to “easily obtain digital income”, but also conforms to the current “green, compliant, and sustainable” investment proposition.

    If the market price is an uncontrollable external variable, computing power is the tool you can control for daily income.

    Now the surge in Bitcoin is not only the global market’s recognition of cryptocurrency, but also a turning point for the appreciation of personal assets. Mint Miner uses intelligent cloud mining, so you don’t need to speculate in Bitcoin, and you can automatically obtain stable income every day.

    Join Mint Miner now, let your digital assets grow every day, and easily move towards financial freedom!

    Media Contact and Cooperation:
    MintMiner Official Team
    Email: info@mintminer.com
    Official Website: https://mintminer.com

    Attachment

    The MIL Network –