Happy Monday!  It’s February 26, and we’re tracking top stories to start your week: Barclays faces $17.7B fraud lawsuit, Islamists hold sway in the UK, Putin's greatest enemy hits, popular resorts no longer off limits to Mexican cartels, and much more...

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🌎 Barclays must face U.S. shareholder lawsuit over $17.7B debt sale blunder. Shareholders adequately alleged that Barclays' failure to disclose the absence of internal controls was a material omission of fact. Reuters 

Top Stories

🌎 Are ‘Islamists in Charge of Britain’? Last week, British democracy ceased to operate by its own rules to prevent its elected representatives from being violently hounded by Islamist mobs. TFP

🚩 Georgetown’s Extremist Turn City Journal

🌎 Putin’s ‘greatest hits’: Russian dissidents continue disappearing in pattern of bizarre deaths. ‘Wet affairs’ include poisonings, executions with a shot in the back of the head, and forced suicides. Fox

🌎 Popular resorts no longer ‘off limits’ for cartel killers. Four warring Mexican drug cartels indiscriminately kill to assert dominance over an 80-mile stretch of resorts along the Caribbean coast. Fox

💥 Mexico’s ‘Hugs, Not Bullets’ Crime Policy Spreads Grief, Murder and Extortion WSJ

Be certain in an uncertain world.

🌎 The West tried to crush Russia’s economy. Why hasn’t it worked? From an unenforced oil price cap to rogue countries teaming up, Moscow is exploiting the West’s weaknesses. Politico

📌 US Sidesteps Riskiest Sanctions in Latest Move Against Russia Bloomberg

📌 Despite sanctions, Putin ramps up weapons production, mobilizes hundreds of thousands of men AFP

🌎 McKinsey-led think tank’s relationship with China set stage for heightened U.S. tensions. Among the recommendations was the “Made in China 2025” policy. NYP

🌎 UAE Removed, Kenya And Namibia Added To Global Money Laundering List. Countries on the list have "strategic deficiencies" in their AML/CFT efforts but are cooperating with the FATF. AFP

🚩 Outcomes FATF Plenary, 21-23 February 2024 FATF

🌎 Hackers steal nearly $10M from Axie Infinity co-founder’s personal accounts. Wallets belonging to Jeff “Jihoz” Zirlin were hacked to the tune of 3,248 ethereum coins. Record

🌎 Judge Signs Off on Binance's $4.3B Plea Deal With U.S. Prosecutors. Binance pleaded guilty to violating sanctions and AML laws last year. CoinDesk

🌎 Trump PAC likely committed felonies in Wisconsin. Trump’s team skirted campaign finance laws with a scheme to hurt reelection chances of Wisconsin’s Assembly Speaker. Semafor

💸 Draft RNC resolution would slow the party’s embrace of Trump as the nominee NBC

💸 The Cash-Strapped Trump Campaign Is Trying to Get Away With a New Donor Loophole Daily Beast

🌎 ‘Incredible failure’: KPMG rejects claims it assessed ‘the wrong company’ before $423M payment to Paladin. Guardian

📘 Technological and Economic Threats to the U.S. Financial System Rand

🚀 Much more news at Illicit Edge!

IN THE NEWS

Russia

🇷🇺 U.S. Sanctions Russia's Largest Shipper RFE

🇷🇺 White House Leaves Fleet-Sized Hole in Sovcomflot Sanctions Maritime Exec

🇷🇺 U.S. targets dozens of entities from China, UAE and Turkey Reuters

🇷🇺 U.S. charges head of Russian bank with sanctions evasion CBS

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China

🇨🇳 How China is flooding America with fentanyl on purpose to undermine our society NYP

🇨🇳 Russia outsmarts Western sanctions – and China is paying attention Economist

🇨🇳 U.S. lawmakers pushing for import ban on PDD's Temu Yahoo!

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Crypto & Cyber

🔐 LockBit ransomware returns, restores servers after police disruption Bleepingcomputer

🔐 BitForex Website Goes Dark Amid Reported $57M Outflow CoinDesk

🔐 MicroStrategy’s X Account Hacked, $440K Crypto Stolen CoinDesk

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Trafficking

🚚 Texas AG Accuses Biden of ‘Running Logistics’ for Drug Cartels Rolling Stone

🚚 Operation Fraud Street Mafia: Nine Arrested for Drug Trafficking and $550M Tax Fraud DOJ

🚚 U.S. launches probe into possible fraud by organ collection groups WaPo

🚀 Much more news at Illicit Edge!

Corruption & Financial Crime

💸 Senate Aide Investigated Over Unofficial Actions in Ukraine NYT

💸 Ex-Vitol Oil Trader Aguilar Found Guilty in US Bribery Case Bloomberg

💸 BP exec’s husband guilty of making $1.8M from insider trading CNBC

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