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4/23/24

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Hello!  Itโ€™s April 23, and weโ€™re tracking today's top stories: TikTok digs in to fight U.S. ban with 170M users at stake, how corrupt clerics crippled the Islamic Republic, Venezuela to accelerate crypto shift as oil sanctions return, U.S. takes aim at Chinese banks aiding Russia war effort, and much more...    

 

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Featured Story

 

๐ŸŽฏ TikTok Digs In to Fight U.S. Ban With 170M Users at Stake. For now, it appears neither side is willing to budge. But ByteDance has seen how quickly the tides can turn in Washington. Bloomberg 

 

Top Stories

 

๐ŸŒŽ โ€˜Iran is brokeโ€™: How clerics crippled the Islamic Republic. Decades of sanctions and corruption put a limit on Tehranโ€™s war posturing. Telegraph

 

๐ŸŒŽ Venezuela to accelerate cryptocurrency shift as oil sanctions return. PDVSA plans to increase digital currency usage in its crude and fuel exports. Reuters

 

๐ŸŒŽ U.S. Takes Aim at Chinese Banks Aiding Russia War Effort. The U.S. is drafting sanctions that threaten to cut some Chinese banks off from the global financial system. WSJ

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๐ŸŒŽ UnitedHealth says Change hackers stole health data on โ€˜substantial proportion of people in Americaโ€™. UnitedHealth hasnโ€™t seen evidence that doctorsโ€™ charts or full medical histories were exfiltrated from its systems. TechCrunch

 

๐ŸŒŽ German regulator fines Commerzbank over AML non-compliance. According to BaFin, the bank did not update customer data on time or provide proper security measures. Reuters

 

๐ŸŒŽ The US is expected to block aid to an Israeli military unit. What is Leahy law that it would cite? AP

 

๐ŸŒŽ Patriots owner Robert Kraft pulls support for Columbia amid โ€˜virulent hateโ€™ on campus. The decision by the former student and major donor adds to pressure on the university. Politico

 

๐Ÿ’ƒ Anti-Israel hunger strikers at Yale decry capitalism โ€“ with sushi and salsa dancing NYP

 

๐ŸŒŽ U.S. Unlikely to Enforce Iran Sanctions in Election Year. Iran has increased shipments over the past year, helping keep oil price rises in check amid a war in the Middle East. Bloomberg

 

๐Ÿ“Œ Iran's foreign minister calls new EU sanctions 'regrettable' Reuters

 

๐ŸŒŽ The Cass Review Wonโ€™t Fade Away. How youth gender medicine broke almost every liberal institution it touched. Dispatch

 

๐ŸŒŽ Russian Who Bankrolled Trumpโ€™s Truth Social Set Up Dodgy Pill Sites. Backing Trump wasnโ€™t his only controversial project. Daily Beast

IN THE NEWS

Russia

 

๐Ÿ‡ท๐Ÿ‡บ Russian FSB Counterintelligence Chief Gets 9 Years in Cybercrime Bribery Scheme Krebs

 

๐Ÿ‡ท๐Ÿ‡บ Russia funneling weapons through Libyan port, eying gateway to Africa Defense News

 

๐Ÿ‡ท๐Ÿ‡บ Russia's Nornickel moves closer to biggest buyer with plan for copper plant in China Reuters

 

๐Ÿ‡ท๐Ÿ‡บ Russia designates Meta an extremist organization Independent

 

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China

 

๐Ÿ‡จ๐Ÿ‡ณ TikTok cracks down on social media influencers pushing Ozempic, Wegovy NYP

 

๐Ÿ‡จ๐Ÿ‡ณ China sees foreign threats โ€˜everywhereโ€™ as powerful spy agency takes center stage CNN

 

๐Ÿ‡จ๐Ÿ‡ณ Lavrov Says Russia, China Almost De-dollarized Their Trade Bloomberg

 

๐Ÿ‡จ๐Ÿ‡ณ How Chinese networks clean dirty money on a vast scale Economist

 

*Visit Illicit Edge for more news and real-time updates!*

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Corruption & Financial Crime

 

๐Ÿ’ธ Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco CoinDesk

 

๐Ÿ’ธ Venezuela to Monitor Bancamiga on PDVSA Corruption Ties Bloomberg

 

๐Ÿšฉ FinCEN Reminds Financial Institutions to Remain Vigilant to Environmental Crimes FinCEN

 

๐Ÿ’ธ Why Doesn't The EU Sanction Corrupt Politicians? RFE

 

๐Ÿ’ธ Malta May Revoke Passport from Russian Who Laundered Money in UK OCCRP

 

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Crypto

 

๐Ÿ” Escaped Binance Exec Arrested in Kenya, Faces Extradition to Nigeria Decrypt

 

๐Ÿ” Unanswered questions about the Binance Industry Recovery Fund Protos

 

๐Ÿ” ZKasino launch leads to widespread outrage as $33M promised to investors is sent to Lido Block

 

๐Ÿ” Thailand will block unlicensed crypto exchanges โ€˜to solve online crimesโ€™ Cointelegraph

 

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Cyber

 

๐Ÿ”‘ Promoting Accountability for the Misuse of Commercial Spyware U.S. State Dept

 

๐Ÿ”‘ Russia-linked hacking group claims to have targeted Indiana water plant CNN

 

๐Ÿ”‘ Documents found on a North Korean server suggest US studios may have unknowingly outsourced animation work CNN

 

๐Ÿ”‘ North Korean Hackers Turn to AI-Fueled Cyber Espionage Hacker News

 

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Trafficking

 

๐Ÿšš Honduras seizes 2.7 tons of cocaine smuggled by sea AFP

 

๐Ÿšš How Chinese firms are using Mexico as a backdoor to the US BBC

 

๐Ÿšš Bidenโ€™s DHS taps anti-ICE activist to scrutinize detention of illegal immigrants NYP

 

๐Ÿšš In potential blow to cartel, Mexico nabs brother of drug lord 'El Mencho' CNN

"There's no system foolproof enough to defeat a sufficiently great fool." --Edward Teller

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