Plus: The U.S. Charitable Network That Subsidizes Hamas, and the Donors Behind It...
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11/24/23

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Breaking News for Financial Crime Professionals

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Happy Friday!  It's November 24, and weโ€™re tracking top stories to take you into the weekend: Putin sends cannibals to fight in Ukraine, Mideast wealth funds draw CFIUS scrutiny, Mexican security forces arrest El Nini, the U.S. charitable network that subsidizes Hamas, and much more...

 

Plus: Catch up on what's hot with a few new reports and podcasts...

 

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Featured Story

 

๐ŸŽฏ Putin sends cannibals to fight in Ukraine. Two convicted killers who ate the flesh of their victims have joined the heroesโ€™ cohort and were pardoned by Russian authorities. Politico 

 

Top Stories

 

๐ŸŒŽ Mideast Wealth Funds Draw Greater US Scrutiny Over China Ties. CFIUS is reviewing several multibillion dollar deals on national security concerns. Bloomberg

 

๐ŸŒŽ Head of security for sons of 'El Chapo' arrested in Mexico, sought for extradition. President Biden praised U.S.-Mexico cooperation and the bravery of Mexican security forces for the arrest of 'El Nini.' NBC

 

๐ŸŒŽ Brazilโ€™s biggest drug gang has gone global. The First Capital Command is now a mafia with links throughout Europe. Economist

 

๐ŸŒŽ The U.S. Charitable Network That Subsidizes Hamas, and the Donors Behind It. Charities donโ€™t have to fund Hamas operations directly to benefit the terrorist organization financially. FWI

 

๐ŸŒŽ Binance's Ex-CEO CZ 'Poses a Serious Risk of Flight,' Prosecutors Ask He Stay in U.S. CZ cannot be allowed to leave the U.S. ahead of his February sentencing for BSA violations. CoinDesk

 

๐ŸŒŽ Binance Moved $3.9B in Tether From Cold Wallet Days Ahead of DOJ Settlement. Itโ€™s unclear if the Tether transfer is related to the Binance settlement, but the timing and amount of the move is enough to raise eyebrows. Decrypt

 

๐ŸŒŽ $115M stolen from two crypto firms linked to Justin Sun after hack. HTX, formerly known as Huobi, was targeted by hackers who stole an estimated $30M worth of cryptocurrencies. CNBC

 

๐ŸŒŽ How JP Morgan got out of Russian sanctions in New Jersey โ€“ for now. The state voluntarily suspended enforcing a key law this summer after a company it planned to blacklist won a temporary restraining order. Politico

 

๐ŸŒŽ Operation Trapiche in Brazil: Hezbollah bets on the smuggling of electronic cigarettes to finance terrorism. Three Brazilian citizens were arrested, and an international arrest warrant was issued for two other suspects. Infobae

 

๐ŸŒŽ IAEA head says the barring of several nuclear inspectors by Iran is a โ€˜serious blowโ€™ to monitoring. The ban concerns one-third of the core group of the agencyโ€™s most experienced inspectors designated for Iran. AP

 

๐ŸŒŽ World's Biggest Bank ICBC Still Faces Trader Wariness After Cyberattack. ICBC has been unable to convince some market participants that itโ€™s safe to reconnect their computer networks to the bankโ€™s US unit after recent ransomware attack. Bloomberg

IN THE NEWS

Russia & China

 

๐Ÿ’ฅ Russia โ€˜Spitsโ€™ on EU Sanctions in Escalating Propaganda Battle Bloomberg

 

๐Ÿ’ฅ EU wants to sanction Russians who profited from Carlsberg, Adidas seizures Politico

 

๐Ÿ’ฅ Malaysia, Vietnam electronics face closer US scrutiny over China forced labor Reuters

 

๐Ÿ’ฅ Russia Flooding NATO Border With Refugees May Have a Darker Purpose Newsweek

Crypto & Cyber

 

๐Ÿ”‘ Do Kwonโ€™s Extradition Approved by Montenegro Court CoinDesk

 

๐Ÿ”‘ Report claims to reveal identity of Russian hacktivist leader Record

 

๐Ÿ”‘ Fidelity National Financial shuts down network in wake of cybersecurity incident TechCrunch

 

๐Ÿ”‘ KyberSwap Offers 10% Bounty to Attacker Who Made Off With $50M CoinDesk

Corruption & Financial Crime

 

๐Ÿ’ธ Conservative Group Accidentally Reveals Its Secret Donors. Some of Them Are Liberal Orgs Daily Beast

 

๐Ÿ’ธ Brothels that serviced politicians and military officials raked in millions: โ€˜Record keeping was impeccableโ€™ NY Post

 

๐Ÿ’ธ Border agents nab Romanians with organized crime ties entering Maine NY Post

 

๐Ÿ’ธ A Painting Stolen From a New York Gallery 60 Years Ago Was Recovered in the U.K. Art News

Reports & Podcasts

 

๐Ÿš€ New investigation casts doubt on a Singapore-listed palm oil giantโ€™s green claims ICIJ

 

๐Ÿš€ Seychelles secrets: Island tourist paradise home to Russia-linked firm exploiting UK laws Finance Uncovered

 

๐Ÿš€ What Does Binanceโ€™s Record $4.3 Billion Settlement Mean for Crypto? Unchained

 

๐Ÿš€ Basel AML Index and More AML Conversations

 

๐Ÿš€ Baby on Board! How Kleptocrats and Associates Use Family Members to Evade Sanctions Just Security

 

๐Ÿš€ Threat actors with mixed motives: from the political to the financial Cyberwire

"There is no such thing as a little freedom. Either you are all free, or you are not free." --Walter Cronkite

๐Ÿ“ฉ

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