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🎯 Amazon allegedly breached UK’s Russia sanctions. Former AWS worker alleges unfair dismissal after he blew the whistle over claims involving facial recognition technology use. Engadget
Top Stories
🌎 Federal prosecutors accuse IRS employee of stealing Exxon’s taxes. Rodney Quinn Rupe accessed an IRS database and reassigned millions in tax credits from Exxon’s account to his company’s. WashTimes
🌎 The strange tale of a $457M deposit, 100M masks from China, and one tiny bank. In 2020, a pop-up medical supply company run by political insiders found itself under federal investigation. Semafor
🌎 China’s Nvidia Loophole: How ByteDance Got the Best AI Chips Despite U.S. Restrictions. ByteDance can’t buy Nvidia’s chips for use in China, so it’s renting them from Oracle right in America. Engadget
🌎 Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles. Payments for Russian exports in “so-called ‘toxic’ currencies of non-friendly states” had halved over the last year. CNBC
🌎 TD Sues Wealth Adviser Who Left During AML Review. Desmarais voluntarily quit after the bank opened an internal review over suspected violations of AML policies. Bloomberg
🌎 How a ‘Reverend CEO’ stole $1B in a crypto scam. Investigators accuse Cynthia and Eddy Petion of ripping off tens of thousands of investors in their NovaTechFX. MarketWatch
🌎 Allianz Fund Manager Expected to Plead Guilty in Fraud Case. Allianz pleaded guilty to fraud two years ago for misleading investors seeking low-risk investments and paid $5.8B in penalties. Bloomberg
🌎 He taught at MIT, worked at Morgan Stanley, and convinced Bill Ackman to back his $200M crypto. While corporate malfeasance may be as common in crypto as impounded Lamborghinis, Gao still managed to convince an elite lineup of investors to back him. Fortune
🌎 The Hidden Life of Google’s Secret Weapon. Joshua Wright cleared a path to domination for the world’s biggest tech companies, keeping regulators at bay while skirting conflict-of-interest standards at every turn. WSJ
🌎 How Mexico’s President-Elect Got U.S. Help to Fight Crime. During her tenure as Mexico City’s mayor, Claudia Sheinbaum’s security team coordinated with U.S. law enforcement. WSJ
🌎 George Clooney fretted to White House that wife Amal could face sanctions over ICC case against Israel. Amal was among the experts asked by the ICC to evaluate evidence of suspected war crimes in the Israel-Hamas war. NYP
🌎 U.S. Upping Pressure on Houthis in Threat to Yemen-War Truce. The Houthis accused the U.S. and Saudi Arabia of orchestrating and waging a new economic war against them. Bloomberg
🚩 US Sanctions Palestinian Militant Group Lion's Den AFP
🚩 Russia-related Designations Removals U.S. Treasury
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