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Sydney, Australia (ABN Newswire) – BPH Energy Limited (ASX:BPH) announced that it has received binding commitments from new and existing sophisticated investors to raise approximately $1.2 million (before costs) (‘Placement’). The Placement will comprise the issue of 134,222,222 new fully paid ordinary shares (‘Placement Shares’) in the Company at an issue price of $0.009 per share. The Placement Shares will be issued pursuant to the Company’s existing placement capacity under ASX Listing Rule 7.1 and 7.1A.

HIGHLIGHTS

– Binding commitments received to raise approximately $1.2 million through a Placement at $0.009 per share

– Placement participants will receive 1 Attaching Option for each New Share subscribed for under the Placement, exercisable at $0.03 per share, with an expiry date being the same as the Options to be issued under the Options Prospectus dated 2 December 2025

– BPH funded to execute its next phase of hydrocarbon and Cortical Dynamics investments

– The Federal Court hearing for the PEP-11 judicial review application is scheduled for February 20 and 23, 2026

Placement participants will receive 1 free Attaching Option for each Placement Share subscribed for under the Placement, exercisable at $0.03 each with an expiry date being the same as the options to be issued under the Options Prospectus dated 2 December 2025 (‘Attaching Options’).

Oakley Capital Partners Pty Limited (‘Oakley Capital’) and 62 Capital Limited (’62 Capital’) acted as Joint Lead Managers for the Placement. Oakley Capital and 62 Capital will be paid a cash fee of 6% on funds raised under the Placement and an aggregate of 33,555,555 Broker Options (‘Broker Options’) on the same terms as the Attaching Options.

The Attaching Options and Broker Options will be issued on the same day as the Options to be issued under the Options Prospectus and the Company intends to apply for quotation of the Options subject to the Company meeting ASX quotation requirements.

Commenting on the capital raising, Executive Director Mr David Breeze said:

‘We are pleased to have received strong support in the Placement. The funding allows BPH to accelerate the exploration programs to unlock the potential on our gas projects especially with the current gas supply crisis as well as assist the next phase of associate Cortical Dynamic Limited’s expansion. The funding also leaves BPH well-placed ahead of the Federal Court hearing for the PEP-11 judicial review scheduled for February 20 and 23, 2026, where the PEP-11 Joint Venture will seek to overturn the Federal Government’s rejection of the PEP-11 permit extension’

USE OF FUNDS

The proceeds raised under the Placement provide BPH with an enhanced cash position to fund its hydrocarbon projects and to assist in the continued development of Cortical Dynamics.

The intended use of funds will be for:

– $0.85 million – Funding for exploration and development of oil and gas investments

– $0.1 million – For working capital including costs of the offer

– $0.25 million – Funding for Cortical Dynamics

PLACEMENT DETAILS

The Placement offer price of $0.009 per share represents a 18.2% discount to BPH’s last price of $0.0011 per share on Thursday, 8 January 2026, and a 7.8% discount to the 15-day VWAP of $0.00976 per share.

Settlement of the Placement is expected to be completed on or around 14 January 2026.

A total of 12,259,551 Placement Shares, 134,222,222 free Attaching Options, and 33,555,555 Broker Options (pro rata to their management of the Placement) will be issued under ASX Listing Rule 7.1. A total of 121,962,671 Placement Shares will be issued under ASX Listing Rule 7.1A.

The Attaching Options and Broker Options will be issued following the close of the Offer under the Options Prospectus dated 2 December 2025.

Placement Shares will rank equally with existing fully paid ordinary shares.

The Company will issue a supplementary Options Prospectus as soon as possible.

About BPH Energy Limited:

BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.

The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.

BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.

BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).

Source:
BPH Energy Limited

Contact:
David Breeze
admin@bphenergy.com.au
www.bphenergy.com.au
T: +61 8 9328 8366

News Provided by ABN Newswire via QuoteMedia

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Here’s a quick recap of the crypto landscape for Monday (January 12) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$90,643.88, down by 0.2 percent over 24 hours.

Bitcoin price performance, January 12, 2025.

Chart via TradingView

Ether (ETH) was priced at US$3,111.86, up by 0.3 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$2.05, down by 2.5 percent over 24 hours.
  • Solana (SOL) was trading at US$139.67, up by 2.1 percent over 24 hours.

Today’s crypto news to know

South Korea lifts 9-year ban on corporate crypto

South Korea has lifted a nine-year ban on corporate crypto investing, allowing public companies and professional investors to allocate up to 5% of their equity capital to digital assets.

The country’s Financial Services Commission (FSC) said eligible assets will be limited to the top 20 cryptocurrencies by market capitalization traded on the country’s five licensed exchanges.

The shift reverses years of policy that kept institutional money out of the market and left crypto trading dominated by retail investors.

Regulators estimate that restrictive rules contributed to roughly US$110 billion in crypto capital outflows in 2025. Meanwhile, legislators framed the move as part of the government’s 2026 economic growth strategy aimed at modernizing capital markets and retaining domestic investment.

While stablecoins are not yet included, authorities said discussions on their treatment are ongoing.

Coinbase warns it may pull support from US Senate Crypto Bill

Coinbase is threatening to withdraw its backing for a major US Senate crypto bill if lawmakers impose limits on stablecoin rewards beyond enhanced disclosure requirements.

According to Bloomberg, the dispute centers on proposed language that would restrict platforms from offering yield on stablecoins unless they operate as regulated banking institutions.

The company argues that such provisions would give banks an unfair advantage and undermine competition from crypto-native firms.

The warning comes ahead of a January 15 markup set by Senate Banking Committee Chair Tim Scott, after repeated legislative delays throughout 2025.

Coinbase CEO Brian Armstrong has previously said banks are likely to lobby for exclusive control over stablecoin yield as adoption grows. While Coinbase has applied for a national trust charter that could eventually allow it to offer rewards under stricter rules, the firm is pushing to preserve non-bank models.

Dubai bans privacy tokens, tightens stablecoin rules

Dubai’s financial regulator has banned privacy-focused crypto tokens and tightened its stablecoin framework as part of a broader overhaul of digital asset rules.

The Dubai Financial Services Authority (DFSA) said privacy coins are incompatible with anti–money laundering and sanctions compliance standards and will no longer be permitted in the Dubai International Financial Centre.

Under the updated regime, only fiat-backed stablecoins supported by high-quality, liquid assets will qualify as stablecoins, while algorithmic models will be treated as ordinary crypto tokens.

The rules take effect January 12 and reflect a shift away from regulator-approved token lists toward firm-led suitability assessments. Licensed companies will now be responsible for determining whether crypto assets meet regulatory standards and must keep those assessments under ongoing review.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

‘I hereby plead incompetence and stupidity.’

That’s probably the best defense that Minnesota Gov. Tim Walz can offer if he is criminally charged in the shocking multi-billion-dollar taxpayer ripoffs that grow larger by the day.

Given his earned reputation, his excuse of incompetence would be credible.

Nearly every social service program receiving federal dollars was fleeced by fraudsters right under Walz’s nose, including child nutrition, daycare, healthcare, housing, and autism aid. Most of the perpetrators were Somalians who comprise a powerful voting block that the governor treasures like gold.

Walz was repeatedly warned of the swindles as far back as 2019 when he first took office. Instead of stopping the scams and prosecuting the grifters, he indulged them by establishing a culture of permissible fraud.

The scandal has already claimed Walz’s political career, forcing him to abandon his bid for re-election. But if he reckoned that quitting would somehow shield him from legal culpability, he is mistaken. There is mounting evidence that Walz was willfully complicit, deliberately refusing to expose or pursue the monumental thefts and, instead, launching aggressive measures to scuttle any legal scrutiny and criminal consequence.  

The governor’s own state workers at the Department of Human Services issued a blistering statement blaming him as 100% responsible. Witnesses say he retaliated against whistleblowers and schemed to discredit the well-documented fraud reports.

If true, Walz’s aberrant actions run dangerously close to criminal behavior involving cover-ups and obstruction.  

Nine federal agencies, including the FBI, are now working to unravel the full breadth and depth of the colossal cons.  The Department of Justice (DOJ) has sent scores of investigators and lawyers to Minnesota to prosecute the web of fraud and deceit.

They will inevitably weigh whether Walz should face criminal charges himself.

Possible Federal Charges

There are several federal statutes to consider. 18 USC 371 makes it a crime to conspire with others to defraud the government. At present, there is no known evidence that Walz directly participated in the scams themselves or accepted money.

However, if he plotted to cover up the fraud by impairing, obstructing or defeating efforts to bring the fraudsters to justice, the conspiracy statute is applicable. So, too, are the various obstruction of justice laws.

There is also 18 USC 2, the aiding and abetting statute where accomplices are treated the same as the main perpetrators. That law gave rise to the ‘willful blindness doctrine’ recognized by our courts.

An example is a businessman who intentionally ignores or turns a blind eye to his partner’s money laundering, resulting in charges against both. Similarly, a public official such as Walz can be indicted for deliberate inaction where he has a clear duty to act.

Finally, 18 USC 3 is relevant whenever concealment occurs. Whoever knows that a crime has been committed but ‘hinders apprehension, trial or punishment,’ is guilty of accessory after the fact. That bears a striking resemblance to what Walz is accused of doing.

All of this invites the question of the governor’s motive. If not money, how did he stand to benefit by suppressing the avalanche of fraud? That’s the easy part. Votes.

Walz, together with liberal elites and their media handmaidens, have long dismissed the rumors and reports of Somali-engineered fraud as ‘racist.’ Apparently, in Minnesota it is politically incorrect to enforce the law against immigrants from that particular East African country. It’s just not fashionable.

God forbid that putting criminals behind bars might lose electoral support. It’s chic to turn the other cheek.

So, the Somalian fraudsters were gifted a ‘get-out-of-jail’ free card, courtesy of the governor and his cronies. Walz, in turn, secured their votes. It was a nifty quid pro quo, but with an alternate currency —votes. As protection rackets go, it was slick.   

That cozy arrangement is manifested in a recently uncovered audio recording of a 2021 conversation between Walz’s Attorney General Keith Ellison and Somali hustlers who were soon after convicted of scamming millions of dollars. They were heard leaning hard on the AG to ‘protect’ them in exchange for support and campaign donations.  

Ellison eagerly capitulated but now denies any wrongdoing. He returned the cash.           

Walz’s Incompetence Defense

It is too early to know whether a criminal case will be filed against Minnesota’s beleaguered governor. The U.S. Attorney and DOJ lawyers are still digging through the mountains of evidence.

However, as noted above, the only tenable defense Walz may be able to conjure up is incompetence and stupidity. It is something that jurors might readily accept.

After all, ineptitude became the governor’s calling card. He infamously conceded his own buffoonery in the 2024 Vice Presidential debate when he called himself a ‘knucklehead.’ He was such a gaffe factory that the Kamala Harris campaign squirreled him away from the media.     

Walz achieved the impossible. He made his running mate look like a genius. His bizarre on-stage antics were constant fodder for mockery. Baffling verbal goofs, such as boasting that he had ‘become friends with school shooters,’ left voters scratching their heads or snickering.  

A series of demonstrable lies about his military service and his peculiar treks to China only compounded the impression of a man who is either a serial fabricator or not right in the head. Maybe both are true.  

And who can forget his epic bungling of the George Floyd riots in 2020. He radicalized the tragic death, thereby ginning up the ensuing violence. As Minneapolis burned, Walz dithered. Afterwards, he blamed the looting and torched buildings on systemic racism.

So, it’s not a stretch to imagine that an indictment alleging Walz was wittingly complicit in his state’s massive welfare fraud scandal might be met with a defense of ‘misfeasance’ (careless or incompetent execution of a lawful duty) to combat the incriminating evidence of ‘malfeasance’ (a deliberate, unlawful act).   

It’s a distinction that can mean the difference between conviction and acquittal.

Should Walz find himself in the dock sometime soon… don’t be surprised if he portrays himself as a blockhead who was intellectually incapable of grasping the obvious.

Minnesota jurors who know the governor would understand completely.

This post appeared first on FOX NEWS

Greenland’s leadership is pushing back on President Donald Trump as he and his administration call for the U.S. to take control of the island. Several Trump administration officials have backed the president’s calls for a takeover of Greenland, with many citing national security reasons.

‘We don’t want to be Americans, we don’t want to be Danes, we want to be Greenlanders,’ Greenland Prime Minister Jens-Frederik Nielsen and four party leaders said in a statement Friday night, according to The Associated Press. Greenland, a self-governing Danish territory and a longtime U.S. ally, has repeatedly rejected Trump’s statements about U.S. acquiring the island.

Greenland’s party leaders reiterated that the island’s ‘future must be decided by the Greenlandic people.’

‘As Greenlandic party leaders, we would like to emphasize once again our wish that the United States’ contempt for our country ends,’ the statement said.

Trump was asked about the push to acquire Greenland on Friday during a roundtable with oil executives. The president, who has maintained that Greenland is vital to U.S. security, said it was important for the country to make the move so it could beat its adversaries to the punch.

‘We are going to do something on Greenland, whether they like it or not,’ Trump said Friday. ‘Because if we don’t do it, Russia or China will take over Greenland, and we’re not going to have Russia or China as a neighbor.’

Trump hosted nearly two dozen oil executives at the White House on Friday to discuss investments in Venezuela after the historic capture of President Nicolás Maduro on Jan. 3.

‘We don’t want to have Russia there,’ Trump said of Venezuela on Friday when asked if the nation appears to be an ally to the U.S. ‘We don’t want to have China there. And, by the way, we don’t want Russia or China going to Greenland, which, if we don’t take Greenland, you can have Russia or China as your next-door neighbor. That’s not going to happen.’ 

Trump said the U.S. is in control of Venezuela after the capture and extradition of Maduro. 

Nielsen has previously rejected comparisons between Greenland and Venezuela, saying that his island was looking to improve its relations with the U.S., according to Reuters.

Danish Prime Minister Mette Frederiksen said on Monday that Trump’s threats to annex Greenland could mean the end of the North Atlantic Treaty Organization (NATO).

‘I also want to make it clear that if the U.S. chooses to attack another NATO country militarily, then everything stops. Including our NATO and thus the security that has been provided since the end of the Second World War,’ Frederiksen told Danish broadcaster TV2.

That same day, Nielsen said in a statement posted on Facebook that Greenland was ‘not an object of superpower rhetoric.’

White House deputy chief of staff for policy Stephen Miller doubled down on Trump’s remarks, telling CNN in an interview on Monday that Greenland ‘should be part of the United States.’

CNN anchor Jake Tapper pressed Miller about whether the Trump administration could rule out military action against the Arctic island.

‘The United States is the power of NATO. For the United States to secure the Arctic region, to protect and defend NATO and NATO interests, obviously Greenland should be part of the United States,’ he said.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

President Donald Trump pushed back on suggestions from Ukrainian President Volodymyr Zelenskyy that the United States could capture Russian President Vladimir Putin after Zelensky pointed to Washington’s recent action against Venezuelan dictator Nicolás Maduro.

Trump waved off the idea of such an operation, while venting frustration over the grinding war and his failure so far to bring it to an end. Trump has repeatedly said on the campaign trail that he could end the war on his first day back in office, but despite meetings with both Zelenskyy and Putin, a resolution remains elusive.

‘Well, I don’t think it’s going to be necessary,’ Trump said in response to a question from Fox News’ Peter Doocy during a meeting with US oil companies executives at the White House Friday.

‘I’ve always had a great relationship with him. I’m very disappointed,’ Trump said of Putin. ‘I settled eight wars. I thought this would be in the middle of the pack, or maybe one of the easier ones.’

Trump said the conflict continues to take a heavy toll, particularly on Russian forces, and claimed Moscow’s economy is suffering as well.

‘And in the last month they lost 31,000 people, many of them Russian soldiers,’ Trump said, adding that the Russian economy is ‘doing poorly.’

‘I think we’re going to end up getting it settled,’ Trump said. ‘I wish we could have done it quicker because a lot of people are dying.’

‘But largely it’s the soldier population,’ he continued. ‘When you have 30,000, 31,000 soldiers dying in a period of a month, 27,000 the month before, 26,000 the month before that. That’s bad stuff.’

Trump also criticized the Biden administration for sending what he said was $350 billion to Ukraine, arguing the U.S. should be able to recoup costs through a rare earth minerals agreement tied to continued support. He also claimed the U.S. is not losing money in the conflict, saying Washington is benefiting through arms sales to NATO allies, and pointed to NATO’s pledge to raise defense and security spending toward 5% of GDP by 2035, up from the longstanding 2% benchmark.

‘We’re not losing any money. We’re making a lot of money.’

Zelenskyy’s comments came after Russia said it fired its new nuclear-capable Oreshnik hypersonic missile as part of a massive overnight attack on Ukraine, a claim Kyiv disputed. Ukrainian officials said the barrage involved hundreds of drones and multiple missiles and struck energy facilities and civilian infrastructure, killing at least four people. 

Zelenskyy called on the United States and the international community to respond, saying Russia must face consequences for attacks targeting ordinary civilians.

Fox News’ Rachel Wolf contributed to this report.

This post appeared first on FOX NEWS

President Donald Trump has signed an executive order blocking U.S. courts from seizing Venezuelan oil revenues held in American Treasury accounts.

The order, titled ‘Safeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan People,’ states that any court attempt to seize the funds would pose an ‘unusual and extraordinary threat’ to U.S. national security and foreign policy.

It also states that the funds remain the sovereign property of Venezuela and are not assets available to private creditors or judgment holders.

The order says the United States will hold the funds ‘solely in a custodial and governmental capacity,’ not as a commercial participant.

It was issued to prevent private creditors from using U.S. courts to seize the funds before the administration determines how they will be used.

The funds are held in U.S. Treasury accounts on behalf of Venezuela’s government and its state-run oil company, Petroleos de Venezuela, S.A., and are derived from oil sales and related transactions.

Trump signed the order on Friday, the same day that he met with nearly two dozen top oil and gas executives at the White House. 

The president said American energy companies will invest $100 billion to rebuild Venezuela’s ‘rotting’ oil infrastructure and push production to record levels following the capture of Venezuelan dictator Nicolás Maduro.

The U.S. has moved aggressively to take control of Venezuela’s oil future following the collapse of the Maduro regime.

Trump has framed the effort as part of a broader push to reshape Venezuela’s oil industry following the collapse of the Maduro regime, with U.S. companies expected to play a central role.

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Four tankers that left Venezuela in early January with their transponders off, also known as ‘dark mode,’ have reportedly returned to the country’s waters. The news comes after several U.S. tanker seizures and amid the Trump administration’s push to acquire Venezuelan oil following the arrest of dictator Nicolás Maduro.

Most of the four tankers were loaded, according to Reuters, which noted that Petróleos de Venezuela (PDVSA), a state-owned company, and monitoring service TankerTrackers.com had reported the vessels’ return.

A flotilla of approximately one dozen loaded vessels as well as at least three empty ships left Venezuelan waters last month, despite a U.S. blockade that has been imposed since mid-December, according to Reuters.

One of the vessels, the supertanker M Sophia, which had the Panamanian flag, was intercepted by the U.S. earlier this week, as was the Olina, which had the flag of Sao Tome And Principe, according to Reuters. The outlet reported, citing PDVSA, that the Olina was released to Venezuela on Friday.

The Olina had been seized by U.S. forces in a pre-dawn mission on Friday. The U.S. Southern Command said that Marines and sailors from Joint Task Force Southern Spear worked on the mission in coordination with the Department of Homeland Security.

‘Apprehensions like this are backed by the full power of the U.S. Navy’s Amphibious Ready Group, including the ready and lethal platforms of the USS Iwo Jima, USS San Antonio, and USS Fort Lauderdale,’ the U.S. Southern Command wrote in a post on X. ‘The Department of War’s Operation Southern Spear is unwavering in its mission to defend our homeland by ending illicit activity and restoring security in the Western Hemisphere.’

The Olina, previously named the Minerva M, was sanctioned by the United States for its role in transporting Russian oil, according to The Wall Street Journal.

Three other vessels that departed Venzuela in the flotilla, Panama-flagged Merope, Cook Islands-flagged Min Hang and Panama-flagged Thalia III, were spotted late Friday in Venezuelan waters by TankerTrackers.com, Reuters reported.

On Friday, Trump hosted nearly two dozen oil executives at the White House to discuss investment in Venezuela after the U.S. military’s successful capture of Maduro. The executives represented several major companies, including Chevron, Exxon, ConocoPhillips, Continental, Halliburton, HKN, Valero, Marathon, Shell, Trafigura, Vitol Americas, Repsol, Eni, Aspect Holdings, Tallgrass, Raisa Energy and Hilcorp.

‘You have total safety, total security. One of the reasons you couldn’t go in is you had no guarantees, you had no security, but now you have total security,’ Trump said during the meeting. 

‘It’s a whole different Venezuela and Venezuela is going to be very successful, and the people of the United States are going to be big beneficiaries because we’re going to be extracting, you know, numbers of in terms of oil, like, you know, few people have ever seen actually. So, you’re dealing with us directly. You’re not dealing with Venezuela at all. We don’t want you to deal with Venezuela,’ the president added.

The president also predicted that the acquisition of Venezuelan oil would lead to massive wealth, lower taxes and ‘lots of jobs for Americans and for Venezuelans.’

Days before the meeting with oil executives, Trump said that Venezuela would be turning over between 30 million and 50 million barrels of ‘high-quality,’ sanctioned oil to the U.S. He made the announcement on Truth Social and said that the oil would be sold at market price and that he would ‘control the proceeds to ensure it is ‘used to benefit the people of Venezuela and the United States!’

Fox News Digital’s Emma Colton and Sophia Compton contributed to this report.

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President Donald Trump pushed back on suggestions from Ukrainian President Volodymyr Zelenskyy that the United States could capture Russian President Vladimir Putin after Zelensky pointed to Washington’s recent action against Venezuelan dictator Nicolás Maduro.

Trump waved off the idea of such an operation, while venting frustration over the grinding war and his failure so far to bring it to an end. Trump repeatedly said on the campaign trail that he could end the war on his first day back in office. Despite meetings with both Zelenskyy and Putin, a resolution remains elusive.

‘Well, I don’t think it’s going to be necessary,’ Trump said in response to a question from Fox News’ Peter Doocy during a meeting with U.S. oil companies executives at the White House Friday.

‘I’ve always had a great relationship with him. I’m very disappointed,’ Trump said of Putin. ‘I settled eight wars. I thought this would be in the middle of the pack or maybe one of the easier ones.’

Trump said the conflict continues to take a heavy toll, particularly on Russian forces, and claimed Moscow’s economy is suffering.

‘And in the last month, they lost 31,000 people, many of them Russian soldiers,’ Trump said, adding that the Russian economy is ‘doing poorly.’

‘I think we’re going to end up getting it settled,’ Trump said. ‘I wish we could have done it quicker because a lot of people are dying.

‘But largely it’s the soldier population,’ he continued. ‘When you have 30,000, 31,000 soldiers dying in a period of a month, 27,000 the month before, 26,000 the month before that. That’s bad stuff.’

Trump also criticized the Biden administration for sending what he said was $350 billion to Ukraine, arguing the U.S. should be able to recoup costs through a rare earth minerals agreement tied to continued support. He also claimed the U.S. is not losing money in the conflict, saying Washington is benefiting through arms sales to NATO allies, pointing to NATO’s pledge to raise defense and security spending toward 5% of GDP by 2035, up from the longstanding 2% benchmark.

‘We’re not losing any money. We’re making a lot of money,’ Trump said. 

Zelenskyy made his comments after Russia said it fired its new nuclear-capable Oreshnik hypersonic missile as part of a massive overnight attack on Ukraine, a claim Kyiv disputed. Ukrainian officials said the barrage involved hundreds of drones and multiple missiles and struck energy facilities and civilian infrastructure, killing at least four people. 

Zelenskyy called on the United States and the international community to respond, saying Russia must face consequences for attacks targeting ordinary civilians.

Fox News’ Rachel Wolf contributed to this report.

This post appeared first on FOX NEWS

An anti-regime protester scaled the balcony of Iran’s Embassy in London on Friday and tore down the Islamic Republic’s flag, replacing it with Iran’s pre-1979 ‘Lion and Sun’ emblem, video shows.

The demonstrator climbed the front of the embassy building in Kensington before ripping down the regime’s flag and hoisting the historic symbol associated with Iran’s monarchy prior to the 1979 Islamic Revolution as a large crowd of anti-regime protesters cheered on.

The Metropolitan Police said officers responded to the scene and made two arrests — one for aggravated trespass and assault on an emergency worker, and another for aggravated trespass. Police said they are also seeking another individual for trespass. It was not immediately clear whether the protester who tore down the flag was among those arrested.

Fox News Digital reached out to Iran’s Embassy in London for comment but did not receive a response by the time of publication.

The embassy protest comes as Iran faces its most significant wave of unrest in years. President Trump has warned the regime that the U.S. will protect protesters if necessary.

Potkin Azarmehr, a British-Iranian journalist, said the current unrest stands in sharp contrast to Iran’s 2009 Green Movement, when protesters openly questioned whether the Obama administration supported them.

‘What a contrast to Obama’s time, when protesters in Iran were chanting, ‘Obama, are you with us or with them?’’ Azarmehr told Fox News Digital.

‘Any international support, whether at the grassroots or government level, is encouraging,’ he said.

He said global attention matters to protesters on the ground, but questioned the lack of visible demonstrations by Western activist groups.

‘The question is where are the Western activist elite protesters? Why are they not protesting? Are they on the side of the ayatollahs? An archaic religious apartheid?’

Demonstrations that began on Dec. 28 over economic grievances have since spread nationwide, evolving into a direct challenge to Iran’s clerical leadership. Solidarity protests with Iranian demonstrators have also emerged in other major European cities, including Paris and Berlin. A protest also took place outside the White House in Washington, D.C.

As of Saturday, at least 72 people have been killed and more than 2,300 detained in Iran-based protests, according to the U.S.-based Human Rights Activists News Agency.

Some protests have included chants supporting Iran’s former monarch, Shah Mohammad Reza Pahlavi, who died in 1980. His son, Reza Pahlavi, has publicly called for continued demonstrations. The Iranian regime has also cut nationwide internet access.

At a press conference in Washington, D.C., on Friday, Trump said Iran was facing mounting pressure.

‘Iran’s in big trouble,’ Trump said. ‘It looks to me that the people are taking over certain cities that nobody thought were really possible just a few weeks ago. We’re watching the situation very carefully.’

Trump warned the United States would respond forcefully if the regime resorts to mass violence.

‘We’ll be hitting them very hard where it hurts,’ Trump said. ‘And that doesn’t mean boots on the ground, but it means hitting them very, very hard where it hurts.’

Supreme Leader Ayatollah Ali Khamenei has signaled a coming clampdown despite U.S. warnings, according to The Associated Press.

Tehran escalated its threats Saturday, with Iran’s attorney general, Mohammad Movahedi Azad, warning that anyone taking part in protests would be considered an ‘enemy of God,’ a charge that carries the death penalty. The statement, carried by Iranian state television, said even those who ‘helped rioters’ would face the charge.

‘Prosecutors must carefully and without delay, by issuing indictments, prepare the grounds for the trial and decisive confrontation with those who, by betraying the nation and creating insecurity, seek foreign domination over the country,’ the statement read.

‘Proceedings must be conducted without leniency, compassion or indulgence.’

Fox News’ Efrat Lachter, Greg Norman and The Associated Press contributed to this report.

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