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🎯 Treasury Targets Oil and LPG Smuggling Network That Generates Millions in Revenue for Hezbollah. The network has facilitated dozens of LPG shipments to Syria, working with regime official Yasser Ibrahim. U.S. Treasury
Top Stories
🌎 Russia Loses EU Case Aimed at Unblocking Sanctioned $77 Billion. The depository currently has around $77B immobilized at Euroclear, the Belgium-based clearing house Bloomberg
🌎 U.S. sanctions man who leads fuel theft ring for hyper-violent Mexican cartel. Cazarin Molina was among nine Mexicans and 26 entities sanctioned Tuesday by OFAC for role in fueling the cartel's illicit activities. CBS
🚢 Two tons of seized cocaine worth $54M offloaded at Port Everglades NBC
🌎 Former Swedbank CEO Jailed For 'Swindling'. A Swedish court sentenced the former CEO of Swedbank to 15 months for deceiving investors about the bank's links to AML scandal. AFP
🌎 The World’s Biggest Construction Project Is a Magnet for Executives Behaving Badly. Saudi Arabia’s Neom project contends with corruption, worker deaths, racism and misogyny. WSJ
🌎 Sanctions Are Often Ineffective, but This Kind Is Worth Keeping. While the sanctions might not change behavior, they send a strong signal and impose a stigma that can serve warnings to others. NYT
🌎 Top aide to embattled NYPD commissioner Edward Caban linked to CCP. Lin Gui’an was handpicked by Mayor Adams for his high-ranking job as assistant director of the Police Commissioner Liaison Unit. NYP
🌎 Deere settles U.S. SEC bribery probe into massage parlor, other gifts in Thailand. The SEC said payments were made though the unit's code of conduct prohibited giving "absolutely anything" to improperly influence government officials. Reuters
🌎 Indonesian crypto exchange Indodax goes offline after suspected $22M hack. The breach compromised hot wallets, resulting in the loss of Bitcoin, Ether, TRX, MATIC and other crypto. Cointelegraph
🔐 Atomic Wallet wins dismissal of class suit over $100M hack Cointelegraph
🌎 Brazilian police raid targets accused of laundering millions in gold mined in the Amazon. Authorities conducted 33 search warrants and 13 preventive arrest warrants across the states of Para, Amazonas, Roraima and Mato Grosso. AP
🌎 U.S. imposes new sanctions on Iran’s main airline over Tehran supplying missiles to Russia. Beyond the additional sanctions on Iran Air, the U.S. also imposed sanctions on Russian and Iranian officials. Politico
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