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Brotherhood Sanctions, Reign of Corruption, and Smuggling Fungus

Illicit Edge - Edition for June 4, 2025

Greeting! It’s June 4, and we’re tracking today’s top stories: Congress Nears Move To Designate Muslim Brotherhood as a Terrorist Organization; Elon Musk’s Reign of Corruption Chronicled in Elizabeth Warren Report; Two Chinese Nationals Charged with Smuggling 'Potential Agroterrorism' Fungus into US; AI, Bot Farms and Innocent Indie Victims; and Much More…

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🎯 FEATURED STORY

Congress Nears Move To Designate the Muslim Brotherhood as a Terrorist Organization.  Momentum for the policy grew in the wake of Donald Trump's trip to the Middle East. Free Beacon

How the Muslim Brotherhood Is Capturing Europe Free Press 

🔥 TOP STORIES

Elon Musk’s Reign of Corruption Chronicled in Elizabeth Warren Report Rolling Stone

2 Chinese nationals charged with smuggling 'potential agroterrorism' fungus into US ABC

AI, bot farms and innocent indie victims: how music streaming became a hotbed of fraud and fakery Guardian

Citi exec tapped for Treasury terrorist financing role Banking Dive

Federal Reserve ends scandal-era restriction on Wells Fargo Axios

Are Lindsey Graham’s contortions about to prod Trump into Russia sanctions? Guardian

Trump poised to extend TikTok ban deadline – for third time NYP 

China’s New Trade Negotiator Is Ready to Play Hardball WSJ

Influencer Andrew Tate got Vanuatu Passport Around Time of Arrest on Rape Charges OCCRP

Truth Social files for Bitcoin ETF, marking Trump Media’s latest crypto expansion Block

Victoria’s Secret postponing release of report earnings amid breach impact Cybersecurity Dive

CEO of Health Care Software Company Convicted of $1B Fraud Conspiracy DOJ

IN THE NEWS

🚩 RUSSIA & CHINA

Britain’s in a legal minefield as it tries to hand Abramovich billions to Ukraine Politico 

Global alarms rise as China's critical mineral export curbs take hold Reuters

Ukrainian delegation to brief senators amid Russia sanctions push Politico

Trump’s tariff threat exposes China’s tight grip on the global pharmaceuticals industry CNN

🔐 CRYPTO & CYBER

Coinbase data scandal sparks calls to scrap KYC Cointelegraph 

$302M Lost to Crypto Scams, Hacks, and Exploits in May CoinDesk

MainStreet Bank reports vendor cyber incident that leaked customer info Record

Taiwanese crypto exchange BitoPro confirms estimated $11.5 million hack Fortune

North Face and Cartier customer data stolen in cyberattacks BBC

Germany hands Vodafone $51 million fine over data privacy violations Record

💸 CORRUPTION & FINANCIAL CRIME

Tom Girardi, former 'Real Housewives' husband, sentenced to 7 years NBC

Indian Billionaire Gautam Adani Comes Under New Scrutiny from U.S. Prosecutors WSJ

Pension fraud scandal threatens stability of Lula government in Brazil UPI

SFO investigates multimillion-pound fraud at collapsed council Guardian

Firings, pardons and policy changes have gutted DOJ anti-corruption efforts NBC

These Destinations Have the Highest Levels of Travel Fraud, According to Mastercard Travel + Leisure

🚚 TRAFFICKING

Keeping the Lights On: Uncovering the Networks Enabling the Distant Water Squid Fleet C4ADS 

Brits could face death over Bali drugs plot BBC

Leader of Drug Organization That Trafficked Narcotics Shaped Like Candy Sentenced to 20 years DOJ

Swedish inquiry finds abuse and fraud in international adoptions dating back decades AP

Attorney helps launder $52M for Sinaloa Cartel using CA companies SacBee

New voluntary deployment lets DOD civilian workers back Homeland Security efforts amid immigration crackdown Fox

“A dogmatic belief in objective value is necessary to the very idea of a rule which is not tyranny or an obedience which is not slavery.” —C.S. Lewis

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