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CCP Houthis, Credit Suisse Scandals, and Russian Sting

Illicit Edge - Edition for January 3, 2025

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Happy Friday! It’s January 3, and we’re tracking top stories to take you through the weekend: China helps Houthis obtain weapons, why Credit Suisse was a magnet for scandals, how an FBI sting stopped a Russian smuggler, how the U.S. allowed Iran to rake in illicit oil cash, and much more…

Featured Story

🎯 China helping Houthis obtain weapons for unmolested Red Sea passage. U.S. intel has identified a complex supply chain set up by the Houthis in China since the beginning of the attacks in the Red Sea. i24

Top Stories

🌎 Why Credit Suisse Was a Magnet for Scandals Bloomberg

🌎 How an FBI Sting Stopped a Russian Smuggler but Not His Hong Kong Supply Route WSJ

🌎 How Biden Allowed Iran To Rake in Illicit Oil Cash Amid Tehran's Terror Spree Free Beacon

🌎 Computers of Senior U.S. Treasury Leaders Accessed in Hack Bloomberg

🌎 U.S. sanctions prominent Chinese cyber company for role in Flax Typhoon attacks Record

🌎 Tron's T3 Financial Crime Fighting Unit Hits $100M in Frozen USDT CoinDesk

🌎 Facebook and Instagram Ads Push Gun Silencers Disguised as Car Parts Wired

🌎 What Biden’s U.S. Steel deal block means for foreign investment Politico

🌎 Maduro offers $100K reward for whereabouts of Venezuela’s opposition candidate AP

🌎 On the Front Lines of the Trade War WSJ

IN THE NEWS

Terror

πŸ’₯ What Will Trump Do About Iran? Free Press 

πŸ’₯ We’ve Forgotten a Key Part of Counterterrorism City Journal 

πŸ’₯ Lebanon stops transfer of Iran funds to Hezbollah TOI

πŸ’₯ U.S. Army vet indicted over attempts to support Hezbollah Reuters

China

πŸ‡¨πŸ‡³ The Risks in Tesla’s China Supply Chain Wire China

πŸ‡¨πŸ‡³ China proposes fresh export curbs on EV technology CNN 

πŸ‡¨πŸ‡³ China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales WSJ

πŸ‡¨πŸ‡³ Commerce Department seeks to restrict or ban drones from China ABC

Russia

πŸ‡·πŸ‡Ί Are Russian Sanctions Working? Debate Gains New Urgency With Trump. NYT 

πŸ‡·πŸ‡Ί U.S. imposes sanctions on Russian and Iranian groups over disinformation AP

πŸ‡·πŸ‡Ί Pro-Russian Moldovan separatists refuse EU gas despite humanitarian crisis warnings Politico

Corruption & Financial Crime

πŸ’Έ Dictatorships Will Be Vulnerable to Algorithms Wired

πŸ’Έ Morgan Stanley Becomes Latest Bank To Ditch Progressive Climate Change Agenda Free Beacon

πŸ’Έ Madigan trial set to resume next week, but judge and lawyers struggling with definition of 'corruption' CST

πŸ’Έ Inside luxury goods' broken audit system Reuters

πŸ’Έ NYC’s Taxi Mess Was Driven by Decades of Inaction Bloomberg

Crypto & Cyber

πŸ” The 10 worst crypto hacks and exploits of 2024 Block

πŸ” Crypto mogul Do Kwon pleads not guilty in first US court appearance AP

πŸ” Man Dies by Suicide After Being Convicted of β€˜Rug Pull,’ Decrypt

πŸ” U.S. Army Soldier Arrested in AT&T, Verizon Extortions Krebs

πŸ” Hackers target dozens of VPN and AI extensions to compromise data Record

HAVE A GREAT WEEKEND!

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