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10/11/23

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Hello Wednesday!  It's October 11, and we're tracking today's top stories: Israel freezes Hamas-linked Barclays account, U.S. considers new sanctions on Iran and Hamas, Binance execs face Brazil fraud indictments, China forces Uyghurs to process the world's seafood, and much more...

Featured Story

 

๐ŸŽฏ Israel freezes Barclays bank account linked to Hamas fundraising. Israeli cyber unit worked with British police to freeze a Barclays bank account linked to Hamas. Reuters 

 

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Top Stories

 

๐Ÿ’ฅ Yellen Says Nothing Is โ€˜Off the Tableโ€™ as U.S. Considers New Sanctions on Iran and Hamas. Ms. Yellen offered a forceful defense of Israel while pushing back on the notion that U.S. sanctions against Iran โ€” a key backer of Hamas โ€” have become too lenient. NYT

 

๐Ÿ’ฅ Binance CEO Changpeng Zhao, Other Exchange Leaders at Risk of Brazil Indictment. A congressional committee has recommended that Changpeng Zhao and three local Binance executives be indicted for fraud and other financial crimes. Cointelegraph

 

๐Ÿ’ฅ The Uyghurs Forced to Process the Worldโ€™s Fish. China forces minorities from Xinjiang to work in industries around the country, which includes handling much of the seafood sent to America and Europe. New Yorker

 

๐Ÿ’ฅ Binance freezes Hamas-linked accounts after Israeli request. Israeli authorities had previously seized around 190 Binance accounts with alleged ties to terrorist groups. CoinDesk

 

๐Ÿ’ฅ China Goes on the Offensive in the Chip War. Given Chinaโ€™s response to U.S. restrictions, it is increasingly likely that Washington will have to wage the chip war on two different fronts Foreign Affairs

 

๐Ÿ’ฅ U.S. Considers Dropping Sanctions Against Israeli Billionaire in Push for EV Metals. The plan would let Dan Gertler participate in mining deals with Saudi Arabia; American companies would get some of the metals. WSJ

 

๐Ÿ’ฅ Amazon linked to trafficking of workers in Saudi Arabia. Dozens of contract workers at Amazon warehouses say they were tricked into toiling and living in grueling, squalid conditions. Guardian

 

๐Ÿ’ฅ New technique leads to largest DDoS attacks ever. Amazon, Google and Cloudflare said they detected the largest distributed denial-of-service (DDoS) attacks on record in August due to a newly discovered vulnerability. Record

 

๐Ÿ’ฅ Thousands bought โ€˜golden passportsโ€™ through Dominicaโ€™s $1B scheme. Former Afghan spymaster, convicted millionaire and former Libyan colonel among those who became Dominican citizens. Guardian

 

๐Ÿ’ฅ SEC Adopts Amendments to Rules Governing Beneficial Ownership Reporting. Final rules intended to improve transparency and provide more timely information for shareholders and the market. SEC

IN THE NEWS

Faces of Terror: Hamas

 

๐Ÿ“Œ Mohammed Deif, the elusive architect of Hamas's attack on Israel AFP

 

๐Ÿ“Œ Cryptocurrency fueled Hamas' war machine Quartz

 

๐Ÿ“Œ US intel agencies hunt for evidence of Iranian role in Hamas attack on Israel CNN

 

๐Ÿ“Œ Hamas fighters may be using North Korean weapons RFA

China & Russia

 

๐ŸŒŽ Saudi-China collaboration raises concerns about access to AI chips FT

 

๐ŸŒŽ China saves billions of dollars from record sanctioned oil imports Reuters

 

๐ŸŒŽ India arrests Chinese employee of smartphone maker Vivo BBC

 

๐ŸŒŽ Bulgaria arrests 12 people for violating EU sanctions on exports to Russia AP

 

๐ŸŒŽ Xpeng suspends supply chain boss for corruption probe CNBC

 

๐ŸŒŽ Utah accuses TikTok of misleading users about safety, China connection in new lawsuit CNBC

Corruption & Financial Crime

 

๐Ÿ’ธ Allen Weisselberg, Trump's loyal ex-CFO, calls tripling the size of Trump's penthouse in financial records a 'minor' mistake Insider

 

๐Ÿ’ธ Biden admin sent $730M to UN group despite calls for anti-Jew violence: โ€˜Rotten to the coreโ€™ NY Post

 

๐Ÿ’ธ Rep. Santos faces new charges he stole donor IDs, made unauthorized charges to their credit cards AP

 

๐Ÿ’ธ New York Man Admits Role in $127 Million Health Care Fraud and Kickback Scheme DOJ

Crypto & Cyber

 

๐Ÿ” Hacktivists take sides in Israel-Palestinian war Record

 

๐Ÿ” Star Witness Caroline Ellison Says Sam Bankman-Fried Directed Her to Commit Fraud CoinDesk

 

๐Ÿ” Circle Teams Up with Mercado Pago to Introduce USDC to Chile Customers Circle

 

๐Ÿ” Nation-state hacker group targeting Taiwan, US, Vietnam and Pacific Islands Record

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