Plus: Ransomware Gang Reports Fintech Victim to SEC When it Refuses to Pay Up...
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11/20/23

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Happy Monday!  It's November 20, and we're tracking top stories to start your week: Inside the massive Kinahan crime cartel, Iraq's Kataeb Hezbollah calls U.S. sanctions 'ridiculous', El Chapo’s godson ‘Mini-Lic’ speaks out, ransomware gang tattles on victim firm with SEC, and much more...  

 

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🎯 Inside the Kinahan crime cartel and their €1 billion empire. Kinahan clients include Mexican and Colombian drug cartels, Hezbollah, and Iran’s intelligence services. Sunday Times

 

Top Stories

 

🌎 Iraq's Kataeb Hezbollah says attacks aim to 'drain' US, sanctions 'ridiculous'. The U.S. on Friday issued sanctions against several KH members and against another Iran-backed Shiite militia, accusing them of being involved in attacks against the U.S. and its partners in Iraq and Syria. Reuters

 

🌎 Inside Los Chapitos: El Chapo’s Godson ‘Mini-Lic’ Speaks Out. López Serrano voluntarily surrendered to U.S. authorities at the Mexicali-Calexico border crossing six months after El Chapo was extradited from Mexico to a prison in Manhattan in 2017. VICE

 

🌎 A Ransomware Gang Wanted Its Victim to Pay Up. So It Went to the SEC. New SEC rules require that hacked companies disclose materially important cybersecurity incidents to investors within four days of discovering them. Ars

 

🌎 Russia's 'ghost ships' could be targeted at a sea choke point in a bid to enforce the West's oil price cap. Russia sends millions of barrels of crude oil through a choke point at the Danish straits. Insider

 

🌎 Yemen’s Houthi rebels hijack an Israeli-linked ship in the Red Sea and take 25 crew members hostage. The Iran-backed Houthi rebels said they hijacked the ship over its connection to Israel and would continue to target ships in international waters until the end of the Hamas-Israel conflict. AP

 

🌎 Binance parts ways with multiple anti-crime staffers. A senior counter-terrorism official joins the growing list to leave the crypto exchange in recent months. Blockworks

 

🌎 A four-pronged strategy US must deploy to defeat world’s Number 1 state sponsor of terrorism. Biden administration's strategy of Iran appeasement invites even more attacks on US troops. Fox

 

🌎 Two Men Found Guilty of Conspiracy to Sell Sanctioned Iranian Petroleum. The men planned to mask the origins of the petroleum and sell it to a refinery in China. DOJ

 

🌎 China, Chips and Archery: Inside a Mystery AI Event in the Utah Mountains. More than 100 AI executives and insiders, venture capitalists and government officials listened to talks about the AI arms race between the US and China. Bloomberg

 

🌎 American arrested in Venezuela just days after Biden administration eases oil sanctions. Some former officials say Wright’s arrest is just the latest example of Maduro acting in bad faith. AP

 

🌎 How a Hack Shook Wall Street’s Multitrillion-Dollar Foundations. The recent hack of a Chinese banking giant reignited Wall Street’s long-running fears of disruptions to the short-term cash markets underpinning the global financial system. WSJ

IN THE NEWS

Russia & China

 

💥 FBI, CDC shredded for 'dropping the ball' on secret Chinese lab found in US Fox

 

💥 Zelensky slaps sanctions on 108 people, 37 Russian groups Reuters

 

💥 Industry group urges EU to impose broader sanctions on Russian aluminum Reuters

 

💥 Bulgaria accelerates end of sanctions loophole that earned Russia €1B Politico

 

💥 Czechs push for longer exemption from Russia steel sanctions Politico

 

💥 Chinese man is extradited from Morocco to face embezzlement charges in Shanghai AP

Crypto & Cyber

 

🔐 Taipei’s Kronos Research Confirms $26 Million Crypto Hack, Suspends Trading Operations Beincrypto

 

🔐 The Cybersecurity Lawsuit That Boards Are Talking About NYT

 

🔐 A Hacker Faked His Own Death, Then Claimed To Have Sold Marriott Customer Data To Russians Forbes

 

🔐 CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections CoinDesk

 

🔐 Do Kwon denied appeal in Montenegro as possible extradition to South Korea or U.S. looms Fortune

 

🔐 ChatGPT Is Apparently a Great Surveillance Tool Gizmodo

Corruption & Financial Crime

 

💸 Congress probes Princeton University over professor's alleged ties to Iranian regime Fox

 

💸 Former Nigerian central bank chief arraigned and remanded in prison for fraud AP

 

💸 Months After It Renounced Them, Montenegro Still Has Hundreds Of 'Golden Passports' In The Pipeline RFE

 

💸 International backlash grows after move to strip Guatemalan president-elect's immunity Reuters

 

💸 Austrian Property Tycoon's Troubles Rattle Investors AFP

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