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🎯Chinese Labs Are Selling Fentanyl Ingredients for Millions in Crypto. Researchers at Elliptic found more than 90 Chinese chemical companies that sold fentanyl “precursor” chemicals and advertised their products on the open web, fully 90 percent of which offered to accept payment in cryptocurrencies like Bitcoin and Tether. [more]
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🔸Bloody red carpet: Assad returns to international stage with Arab League welcome. The Biden administration and top White House officials have condemned the move, vowing to continue its policy of keeping Syria an international pariah. [more]
🔸The Cyber Gulag: How Russia tracks, censors and controls its citizens. Authorities pressured companies like Google, Apple and Facebook to store user data on Russian servers, to no avail, and announced plans to build a “sovereign internet” that could be cut off from the rest of the world. [more]
🔸These 10 Compliance Mistakes Are Making Regulators Jumpy - Here's Your Lifeline [more]
🔸Crypto sector gets its first set of global rules from watchdog. The industry, which typically only has to comply with anti-money laundering checks, has been calling for a global approach to regulation as different jurisdictions follow their own rules. [more]
🔸US lawmaker demands action against Chinese chip firm CXMT after Micron. Representative Mike Gallagher, an influential lawmaker whose select committee on China has pressed the Biden administration to take tougher stances on China, is the only lawmaker so far to call for retaliatory action. [more]
🔸Emails, Chat Logs, Code and a Notebook: The Mountain of FTX Evidence. For months, federal prosecutors building the criminal case against the fallen cryptocurrency executive Sam Bankman-Fried have assembled a vast and unusually varied array of evidence. [more]
🔸DOE won’t award $200M to battery company criticized by GOP over China links. Microvast is a publicly traded U.S. company but has a subsidiary in China, a connection that Republicans have used to further their allegations that Biden’s climate and clean energy spending will benefit Beijing. [more]
🔸US sanctions North Korean entities involved in cyberattacks and IT worker fraud. The U.S. Treasury Department on Tuesday announced new sanctions on four entities that employ thousands of North Korean IT workers who help illicitly finance the regime's missile and weapons of mass destruction programs. [more]
🔸Binance Blasts 'Desperate' Reuters Report It Commingled Customer and Company Funds. The report, citing unnamed "former insiders," said the funds in question "ran into billions of dollars" and that "commingling happened almost daily" in accounts the exchange had at collapsed U.S. lender Silvergate Bank. [more]
🔸New Jersey man sentenced to 12 years for scouting U.S. landmarks for terror attacks. Court documents show Saab was ordered by Hezbollah to open a front company to obtain fertilizer for explosives. He is also accused of conducting surveillance in Istanbul and Turkey. [more]