Plus: Shadow Dollar – Tether Fuels Financial Underworld in Parallel Economy Beyond Reach of U.S. Law Enforcement...
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9/10/24

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Greetings!  It’s September 10, and we’re tracking today's top stories: U.S. accuses Iran of sending Russia ballistic missiles to use in Ukraine, Ivan the Troll's 3D-printed guns go viral, House bill targets China's WuXi AppTec, shadow dollar fuels financial underworld, and much more...

 

Stay current with the latest news at Illicit Edge!

Featured Story

 

🎯 U.S. accuses Iran of sending Russia ballistic missiles to use in Ukraine. U.S. Secretary of State Blinken and British Foreign Secretary Lammy said sanctions would be announced Tuesday. AP 

 

Top Stories

 

🌎 He’s Known as ‘Ivan the Troll.’ His 3D-Printed Guns Have Gone Viral. From his Illinois home, the firearm he helped design is linked to terrorists and drug dealers in 15 countries. NYT

 

🌎 U.S. bill to restrict business with China's WuXi AppTec, BGI passes House. Supporters argue the measure is necessary to protect Americans' personal health and genetic information and U.S. pharmaceutical supply chains. Reuters

 

📌 U.S. House votes to bar new DJI drones as 'China week' gets underway Reuters

 

🌎 The Shadow Dollar That’s Fueling the Financial Underworld. Cryptocurrency Tether enables a parallel economy that operates beyond the reach of U.S. law enforcement. WSJ

 

📌 Tron, Tether and TRM Labs Start Financial Crime Fighting Force CoinDesk

 

🌎 Sanctioned Russian Gas Plant Sends Cargo to Asia for First Time. The vessel was sanctioned last month due to its connection to a suspected dark fleet. Bloomberg

 

🌎 China poised to embed ‘Communist Party spies’ inside U.S. firms. Corporate spies could seek to infiltrate confidential meetings or facilitate IP theft by telling an employee to put a flash drive into a particular computer. NYP

 

🌎 Inside the global illegal organ trade. Several countries, including Pakistan, Egypt, India, Turkey, and China identified as centers of organ trafficking in transnational operations. Guardian

 

🌎 Millions of Dollars, Classified Information, and Biometric Data: Inside What the Biden-Harris Admin Left Behind in Afghanistan. House Foreign Affairs report, three years in the making, details scope of security failures. Free Beacon

 

🌎 'Terrorgram' leaders charged by DOJ for soliciting assassinations. The target list included U.S. federal, state and local officials, leaders of private companies, and NGOs. Axios

 

🌎 Americans lost $5.6B last year in crypto fraud scams. Scammers make contact through dating apps to build trust over several months before suggesting crypto investing. AP

 

📌 SEC crypto enforcement hits $4.7B this year, rising 3,000%. Cointelegraph

 

🌎 Police in Guinea-Bissau seize nearly 3 tons of cocaine on plane from Venezuela. The agents confiscated 78 bales of drugs smuggled in on a Gulfstream IV. AP

 

🌎 Wiretaps suggest Tate brothers used offshore account to conceal webcam profits as fresh allegations emerge involving minors. New criminal case shines fresh spotlight on the brothers’ tactical use of multiple banks. ICIJ

 

🚩 FinCEN Issues In-Depth Analysis of Check Fraud Related to Mail Theft FinCEN

IN THE NEWS

Russia

 

🇷🇺 U.S. arrests laser tech salesman for illegal exports to Russia Reuters

 

🇷🇺 It was naive to expect Western sanctions would make Russians rebel against Putin Euro News

 

🇷🇺 Mol Reaches Russia Crude Supply Deal After Ukraine’s Lukoil Halt Bloomberg

 

🇷🇺 Wix Website Builder Blocks Russian Users as U.S. Sanctions Bite Moscow Times

 

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China

 

🇨🇳 Illicit Chinese Vapes Are Flooding the U.S. Market, Targeting Children Free Beacon

 

🇨🇳 Ex-Samsung Execs Arrested for Stealing Tech for China Bloomberg

 

🇨🇳 U.S. thinktank leader arrested on charges of acting as unregistered agent of China Guardian

 

🇨🇳 China Harnesses a Technology That Vexed the West, Unlocking a Treasure Chest WSJ

 

🇨🇳 Vanished Banker Loses $750M in China’s Unending Crackdown Bloomberg

 

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Corruption & Financial Crime

 

💸 SEC Fines Seven Companies for Violations to Whistleblower-Protections Rules WSJ

 

💸 Behind the Masks: Corruption red flags in COVID-19 public procurement Transparency Int’l

 

💸 What remains of ‘Operation Car Wash’, Brazil’s historic anti-corruption probe? Conversation

 

💸 Maduro Sympathizer’s Hand in Spanish Diplomacy Sparks Criticism Bloomberg

 

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Crypto & Cyber

 

🔐 Amazon Wants Your Palm and TSA Wants Your Face. What Saying Yes Will Mean. WSJ

 

🔐 U.S. facing more scattered, more technological terror landscape VOA

 

🔐 FTX finalizes settlement with Emergent over $600M Robinhood shares claim Cointelegraph

 

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Trafficking

 

🚚 Holding China and Mexico Accountable for America’s Fentanyl Crisis Heritage Foundation

 

🚚 Suspected drug cartel boss linked to 43 missing college students is arrested in Mexico CBS

 

🚚 Germany tightens border controls in immigration clampdown Politico

"I would rather have questions that can't be answered than answers that can't be questioned." —Richard Feynman

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