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$100M Crypto Fraud, Huawei Dark Arts, and Moscow Spy Factory
Illicit Edge - Edition for May 22, 2025
Hello! It’s May 22, and we’re tracking today’s top stories: SEC charges Unicoin crypto platform over $100 million fraud, Huawei hires Jeffrey Epstein’s ‘dark arts’ spin doctor to beat off Trump ban, Russian spy factory, the fortress that China built for its battle with America, and much more…
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🎯 FEATURED STORY
SEC charges Unicoin crypto platform over alleged $100 million fraud. The SEC claims thousands of investors were drawn in by “fictitious promises” that the crypto assets were backed by billions of dollars in real estate. Cointelegraph
🔥 TOP STORIES
Huawei Hires Jeffrey Epstein’s ‘Dark Arts’ Spin Doctor To Beat Off Trump Ban Free Beacon
The Russian Spy Factory NYT
The Fortress That China Built for Its Battle with America WSJ
🎙️Corporate America’s China Challenge Coercive Capital
Two Israeli Embassy staff members killed outside Jewish museum in Washington, DC CNN
Lamborghini-driving TikTok lawyer Akhmed Yakoob is charged with money laundering Daily Mail
Hacker who breached communications app used by Trump aide stole data from across US government Reuters
India's IndusInd Bank posts largest-ever quarterly loss due to suspected employee fraud Reuters
SafeMoon CEO Found Guilty in US Crypto Fraud Trial Decrypt
🎙️Unraveling Unregulated Payment Ecosystems FinCrime Unfiltered
Ron DeSantis Wife's Foundation Faces Criminal Probe Newsweek
Major Drug Bust in Italy, Albania Seizes Millions, 52 Arrested OCCRP
IN THE NEWS
🚩 RUSSIA & CHINA
Russian Foundation, Aimed at Helping ‘Compatriots’ Abroad, Supports Spies, Criminals, and Propagandists OCCRP
🎙️Foreign Threats & Information Warfare Coercive Capital
RFK Jr. calls WHO “moribund” amid US withdrawal; China pledges to give $500M Ars
Western countries reveal major Russian cyber-espionage campaign Politico
Ukraine pitches tougher Russia sanctions plan to EU as US wavers Reuters
🔐 CRYPTO & CYBER
Amalgam Founder Charged With Running ‘Sham Blockchain’, Taking $1M From Investors CoinDesk
A house full of open windows: Why telecoms may never purge their networks of Salt Typhoon CyberScoop
‘Deep concern’ for domestic abuse survivors as cybercriminals expected to publish confidential refuge addresses Record
💸 CORRUPTION & FINANCIAL CRIME
NY Prosecutors: FinCEN Opinion on Samourai Wallet 'Irrelevant’ in Roman Storm Case CoinDesk
Muslim Brotherhood-linked groups tried to influence EU Politico
🎙️Digital Terrorist Financing Designated
Humanitarian Aid Returns to Gaza—and Hamas WSJ
2 more Italian MEPs could lose immunity in Huawei corruption probe Politico
🚚 TRAFFICKING
'Drug-smuggling cat' caught trying to sneak into prison with heroin strapped to back Mirror
US sanctions two members of a Mexican drug trafficking group Cartel del Noreste AP
Mexican Cartel Turf War Forces Evacuation Of Exotic Animals AFP
Tigers and lions kept by drug lords as pets in dramatic rescue from cartel war Mirror
“Design is a funny word. Some people think design means how it looks. But of course, if you dig deeper, it's really how it works.” —Steve Jobs
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