Greetings! It’s August 22, and we’re tracking today's top stories: Teva fined $225M by DOJ, Goldman Sachs could be in trouble again, China fines U.S. research firm, Russian crime boss owns major stake in U.S. biotech company, and much more...

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🎯 Teva, Glenmark fined $255 million by DOJ. The fines are the latest resolution in a string of cases related to price fixing, which refers to competitors banding together to artificially set the price of a product. CNBC 

Top Stories

💥 Goldman Sachs Could Be in Trouble Again Over Its Malaysian Money Laundering Settlement. Malaysia's new prime minister is considering filing a fresh lawsuit against the investment bank. The Messenger

💥 China fines US research firm $1.5 million in crackdown on information-gathering. Mintz Group was one of a series of foreign consultants that were raided starting in April after China’s leader announced expanded anti-spying rules. AP

💥 Alleged Russian crime boss sanctioned by Ukraine owns a major stake in US biotech firm. Buried in corporate filings is a relationship central to Humacyte: Russian billionaire Gavril Yushvaev is the company’s second-largest individual shareholder. CNN

💥 Sanctions are failing to turn Putin’s oligarchs against him. Wider economic sanctions are slowly grinding away at the economic base of Putin’s regime and its war machine. The case for personal sanctions is much less clear. The Spectator

💥 Booming Trade With China Helps Boost Russia’s War Effort. Chinese exports to its neighbor have risen sharply, as Beijing sends everything from microchips to trench-digging excavators to Russia. WSJ

💥 Coinbase takes equity stake in Circle as USDC-focused Centre Consortium shutters. Circle plans to launch USDC on six new chains in the coming months to help increase adoption. Fortune

💥 House Republicans subpoena four individuals involved in Hunter Biden criminal probe. In their subpoena letters, Republicans argue that the IRS and DOJ have not cooperated in making the individuals they requested available for voluntary transcribed interviews. CNN

💥 Mexico extradites to US one of DEA’s most wanted. Salazar, whom Mexican law enforcement has identified as a leader of “Los Salazar” cell of the Sinaloa cartel operating in the northern states of Sonora and Chihuahua, has been under indictment in the U.S. since 2006. Border Report

💥 Tracking Qatargate's 'Turkish Businessman'. UK records connect a Turkish entrepreneur in London to a company owned by Qatari royals. That previously unreported connection could prove to be the missing link in bribes from Morocco and Qatar to EU politicians. DW

💥 Ukraine's anti-graft police zero in on major wartime corruption. While the agency has been investigating misdeeds dating back to 2015, a resource crunch and greater public demand for accountability means it must now focus in on wartime crimes that endanger Ukraine more directly. Reuters

💥 Open floodgates at Arizona border allow thousands of migrants to walk into the country. U.S. officials have inexplicably welded open 114 massive gates along the Arizona border to allow water to flow freely for the migration of an endangered species of antelope. NY Post

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IN THE NEWS

Russia & China

🚩 Russia’s Ghost Ships and the Evolution of a Grain Smuggling Operation Bellingcat

🚩 TikTok’s Plan To Avoid A Ban Gives The U.S. Government Unprecedented Oversight Power Forbes

🚩 Russia's economic woes have brought a flood of cash and sparked a real estate boom in the UAE Insider

🚩 Brics summit: How China's and Russia's clout is growing in Africa BBC News

🚩 Raiffeisen’s Russian Division Imposes 50% Commission on Incoming Dollar Transfers Moscow Times

🚩 Domino's Pizza signals closure of Russian business BBC News

Corruption & Financial Crime

💸 A Pistachio Family Business In US Boosts The Iranian Regime Iran International

💸 Saudi sportswashing stonewalls the Senate Responsible Statecraft

💸 The spies for hire who pick the bones of corporate scandals Guardian

💸 Ex-Vitol Employee Could Face Two Foreign Bribery Trials WSJ

Crypto & Cyber

🔐 Crypto Fund Misled Clients With Promises of 2,700% Returns, SEC Claims Decrypt

🔐 Blockchain Capital’s Bart Stephens Lost $6.3 Million In SIM-Swap Crypto Hack Forbes

🔐 Scammers Used ChatGPT to Unleash a Crypto Botnet on X Wired

🔐 British intelligence is tipping off ransomware targets to disrupt attacks The Record

🔐 Japanese watchmaker Seiko breached by BlackCat ransomware gang Bleepingcomputer

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