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11/22/23

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Greetings!  It's November 22, and we're tracking today's top stories: Federal trial of Venezuelan drug lord starts in New York, how Huaweiโ€™s chipmaker turned U.S. sanctions into China success story, Uyghur forced labor supplies American school lunches, Wagner Group prepares air defense weapons for Hezbollah, and much more...  

Featured Story

 

๐ŸŽฏ Federal trial of Venezuelan drug lord starts in New York. Venezuelan drug lord Carlos Orense Azocar is charged with partnering with high-ranking officials of the Maduro regime to export a ton of cocaine per week. Miami Herald 

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Top Stories

 

๐ŸŒŽ How Huaweiโ€™s Chipmaker Turned US Sanctions into a China Success Story. SMIC has emerged as Beijingโ€™s secret weapon in breaking through a US-organized blockade aimed at containing Chinaโ€™s technological progress. Bloomberg

 

๐ŸŒŽ How Uyghur Forced Labor Makes Seafood That Ends Up in School Lunches. Uyghurs are forced to work in Chinese seafood processing plants while the U.S. government purchases millions of dollars of the product. Politico

 

๐ŸŒŽ WH declassifies intel suggesting Wagner Group is preparing to provide air defense capability to Hezbollah or Iran. Syrian President Bashar al-Assad agreed to provide Hezbollah with the Russian-made missile defense system, known as Pantsir. CNN

 

๐ŸŒŽ Iran prepares ballistic missiles for Russia. WH Spokesman Kirby highlighted a recent meeting where Iran hosted Russian Defense Minister Shoigu to show off a range of ballistic missile systems. AP

 

๐ŸŒŽ Historic fine on Binance over Hamas financing signals new era in crypto crackdown. Binance is being booted out of the U.S. for aiding terror networks, violating sanctions, and facilitating human and narcotics trafficking. Politico

 

๐ŸŒŽ US reviewing 'terrorist' designations for Houthis. One of Bidenโ€™s first acts as President was revoking terrorist designations of the Houthis over fears the sanctions could worsen Yemen's humanitarian crisis. Reuters

 

๐ŸŒŽ Crypto firm Kronos Research says $26 million stolen after cyber-attack. Cybersecurity experts say centralized exchanges โ€œhave API keys that allow traders to access market data in real time and execute trades from third party services.โ€ Record

 

๐ŸŒŽ Secret Warnings About Wuhan Research Predated the Pandemic. A series of alarms and clashes over US-funded research in China reveal long-standing friction between two groups of government scientists. Vanity Fair

 

๐ŸŒŽ Property seized in money laundering probe linked to Indian opposition's Gandhis. India's money laundering investigators seized properties worth $90M in probe linked opposition Congress leader Rahul Gandhi and his mom. Reuters

 

๐ŸŒŽ A US billionaire took over a tropical island pension fund and hundreds of millions of dollars went missing. Hushang Ansary set up shell companies that drained Curacao pensions for 30,000 people. ICIJ

IN THE NEWS

Russia & China

 

๐Ÿ’ฅ Russia rented out Prague apartments to pay for Ukraine invasion Telegraph

 

๐Ÿ’ฅ Supertanker chartered by Polish firm to load Venezuelan oil for China Reuters

 

๐Ÿ’ฅ Another top executive is being investigated by Chinaโ€™s corruption watchdog CNN

 

๐Ÿ’ฅ Evergrande chairman's two luxury mansions seized by creditor Reuters

 

๐Ÿ’ฅ Ukraine unveils corruption probes into reconstruction schemes Reuters

Crypto & Cyber

 

๐Ÿ” Tether froze $225M but $70M slipped the net Protos

 

๐Ÿ” Hacktivists breach U.S. nuclear research lab, steal employee data Bleepingcomputer

 

๐Ÿ” Auto parts giant AutoZone warns of MOVEit data breach Bleepingcomputer

Corruption & Financial Crime

 

๐Ÿ’ธ Pentagon requests $114M for DEI in 2024 Fox

 

๐Ÿ’ธ India's financial crime-fighting agency issues notice to Byju's Reuters

 

๐Ÿ’ธ Ex-Citgo CEO helped launder Venezuelan drug money Reuters

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