Featured Story
🎯 The Global Rise of Narco-Pentecostalism. Gangsters – and sometimes pastors – are using evangelical Christian networks to stamp their authority on illicit trades, from Brazil to Nigeria. New Lines
Top Stories
🌎 Huawei Readies New Chip to Challenge Nvidia, Surmounting U.S. Sanctions. Aided by billions of dollars in state support, it has become a national champion in AI and key part of Beijing’s endeavor to “delete” American technologies. WSJ
🔑 China’s Hesai to be removed from U.S. defense department blacklist SCMP
🌎 Billions in dollar and euro notes reach Russia despite sanctions. $2.3B in dollar and euro bills have been shipped to Russia since the U.S. and EU banned export of banknotes March 2022. Reuters
🚩 Russia cancels banking license of American Express Reuters
🚩 U.S. Surge in Financial Sanctions Called Inhumane by Lawyers Bloomberg
🌎 Tim Walz’s $250M state program to feed hungry kids fraudulently spent on luxury goods, overseas real estate. Between 2022 and 2024, 70 people have been charged in connection with the fraud scheme. Fox
🤡 Trump Claims “Persecution” and Launches His Most Idiotic Lawsuit Yet New Republic
🌎 Gambaryan Family Says Binance Executive Is Being Denied Access to Lawyers, Health Is Deteriorating. Gambaryan was pushed into a Nigeria courtroom on July 16th in a wheelchair for his last hearing. CoinDesk
📣 Left to Rot: Why Won’t the U.S. Government Step Up to Save Tigran Gambaryan? Illicit Edge
🌎 Paradise for corruption: Britain tries to clean up its dirtiest secret. The British Virgin Islands mix fun in the sun with dark money. Will the UK’s new government act? Politico
💸 The scandal that rocked the London art world New Statesman
🌎 SEC Files Fraud Charges Against Promoters of NovaTech, $650M Crypto Pyramid Scheme. The scheme raised money from over 200,000 investors worldwide, many of them Haitian-Americans. CoinDesk
🌎 ‘Mercenary group’ with ex-L.A. County deputies hired in extortion scheme. Victim 1 signed documents relinquishing his multimillion-dollar interest in a China-based rubber chemical manufacturer. LAT
🌎 The nation’s best hackers found vulnerabilities in voting machines – but no time to fix them. Organizers and participants at the DEF CON Voting Village found cyber vulnerabilities in everything from voting machines to e-poll books. Politico
🌎 ‘Ghost’ license plates cost NYC $200M a year – fueled by ‘James Bond-level’ gadgets. The rogue vehicles whiz through tolls and past NYPD speed and red-light cameras 100,000 times a month. NYP
🌎 Border agent whistleblowers accuse Homeland Security of trying to drive them to suicide for exposing major failure. Whistleblowers had their guns taken away and lost all career prospects after they came forward about the lack of DNA collection. Daily Mail
📕 Issuance of Russia-related General License; Issuance of Venezuela General License; Issuance of Amended FAQ OFAC
.png?upscale=true&width=600&upscale=true&name=ILLICIT%20EDGE%20(1200%20%C3%97%20200%20px).png)
