Plus: Hedge Fund Sues Compliance Consultant for Millions After Crushing Regulatory Probe...
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1/26/24

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Happy Friday!  It's January 26, and we're tracking top stories to take you into the weekend: U.S. sanctions on Russian gas begin to bite, China's moves to dethrone the dollar, Mexican military swarms resorts as crime surges, hedge fund demands $100M from compliance team after regulator's probe, five cool new podcasts, and much more...

 

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๐ŸŽฏ U.S. Sanctions on Russian Gas Are Starting to Bite. White House sanctions on new liquefied natural gas plant in Siberia have upended plans to start exports this month. Bloomberg 

 

Top Stories

 

๐ŸŒŽ Lots More on China's Moves to Create a Dollar Alternative (podcast). China, having seen Russia get cut off from the dollar system, has an increased incentive to protect itself from a similar fate. Bloomberg

 

๐ŸŒŽ Mexican military swarms popular American tourist spot amid crime surge. Additional 30 members of the Mexican Navy were added to the existing law enforcement presence in the bustling Caribbean coastal destination. Fox

 

๐ŸŒŽ Hedge Fund Demands $100M From Its Compliance Team After SEC Probe. The $6B hedge fund is demanding that Adviser Compliance Associates not only cover Chathamโ€™s costs for settling a US probe last year, but also damage to its business. Bloomberg

 

๐ŸŒŽ Lawyer sentenced to 10 years in $400M crypto money laundering scheme. A court convicted Mark Scott of two felony counts related to bank fraud and money laundering in November 2019. Cointelegraph

 

๐ŸŒŽ The Story of the Decade: New documents strengthen โ€“ perhaps conclusively โ€“ the lab-leak hypothesis of Covid-19โ€™s origins. City Journal


๐ŸŒŽ Pentagon Report Predicts New Age of COVID Bioweapons and Brain Chip Warfare. New study provides a unique window into the views of military planners and how they see future forms of warfare. Lee Fang

 

๐ŸŒŽ Vince McMahon Accused of Sex Trafficking by WWE Staffer He Paid to Keep Quiet. Janel Grant files lawsuit saying McMahon pressured her into sex with him and other men at wrestling business. USA Today

 

๐ŸŒŽ Can an American Hold the United Arab Emirates Responsible for a Smear Campaign? The U.A.E.โ€™s rulers destroyed Hazim Nadaโ€™s business. Now heโ€™s fighting back with a lawsuit that challenges what states can get away with outside their borders. New Yorker

 

๐ŸŒŽ Hunter Biden Snagged a Cushy Bank Job After Law School. Heโ€™s Been Trading on His Name Ever Since. At the beginning of his career, Hunter Biden faced a choice: head out into the world to make it on his own or stay close to home and take advantage of his name. Politico

 

๐ŸŒŽ Bidenโ€™s border dereliction forced Gov. Abbottโ€™s hand, and caused a national crisis. Border Patrol will be actively removing protections put up by the state not just to protect the state but to protect the whole country. NYP

 

๐ŸŒŽ Ecuador uncovers largest stash of cocaine in its history: 22 tons hidden in a pig farm. The drugs were packaged in bricks labeled with the names of airlines they were destined to be sent. El Paรญs

 

๐Ÿ”‘ Which city will host the prized new anti-money laundering agency? Euronews

IN THE NEWS

Russia

 

๐Ÿ‡ท๐Ÿ‡บ Russia struggles to sell Pacific oil, 14 tankers stuck Reuters

 

๐Ÿ‡ท๐Ÿ‡บ Russian appeal against Olympic sanctions set to be heard by top sports court Reuters

 

๐Ÿ‡ท๐Ÿ‡บ Russian TrickBot Mastermind Gets 5-Year Prison Sentence for Cybercrime Spree Hacker News

 

๐Ÿ‡ท๐Ÿ‡บ New Jerseyโ€™s anti-Russia law drastically scaled back after court loss Politico

 

More news...

China

 

๐Ÿ‡จ๐Ÿ‡ณ China Hands Former Top Bank Official 20 Years In Jail For Bribery AFP

 

๐Ÿ‡จ๐Ÿ‡ณ WuXi AppTec, Wuxi Bio Tumble as US Lawmakers Propose Ban Bloomberg

 

๐Ÿ‡จ๐Ÿ‡ณ A British Businessman Worked in China for Decades. Then, He Vanished. WSJ

 

๐Ÿ‡จ๐Ÿ‡ณ ASMLโ€™s China Sales Surged Despite Secret Dutch Deal With US Bloomberg

Crypto & Cyber

 

๐Ÿ” US Will Sell $117M in Bitcoin Seized From Silk Road Drug Trafficker Decrypt

 

๐Ÿ” Big-Name Targets Push Midnight Blizzard Hacking Spree Back Into the Limelight Wired

 

๐Ÿ” iPhone Apps Secretly Harvest Data When They Send You Notifications Gizmodo

 

๐Ÿ” NSA secretly buying Americansโ€™ data without a warrant Washington Times

Corruption & Financial Crime

 

๐Ÿ’ธ The White Houseโ€™s Big Gamble on Venezuela FP

 

๐Ÿ’ธ GOP senators demand info on pardon of Maduro fixer Alex Saab during swap with Venezuela NYP

 

๐Ÿ’ธ Steve Bannon Admits Bank Account May Have Evidence of Fraud Daily Beast

 

๐Ÿ’ธ Samlit Moneychanger in Singapore sued after China police freeze cash Straits Times

Weekend Pods

 

๐ŸŽ™๏ธPirate of Prague Apple

 

๐ŸŽ™๏ธBug bounties with Chinese characteristics Click Here

 

๐ŸŽ™๏ธDavos, WWIII, Essential Books GoodFellows

 

๐ŸŽ™๏ธHow Secure is the U.S. Election System? Free Expression

 

๐ŸŽ™๏ธWest Coast Cartel Wars Hold These Truths

 

More news...

Have a wonderful weekend!

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