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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! Itโ€™s January 3, and weโ€™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 moreโ€ฆ

Featured Story

๐ŸŽฏ 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

๐ŸŒŽ Why Credit Suisse Was a Magnet for Scandals Bloomberg

๐ŸŒŽ How an FBI Sting Stopped a Russian Smuggler but Not His Hong Kong Supply Route WSJ

๐ŸŒŽ How Biden Allowed Iran To Rake in Illicit Oil Cash Amid Tehran's Terror Spree Free Beacon

๐ŸŒŽ Computers of Senior U.S. Treasury Leaders Accessed in Hack Bloomberg

๐ŸŒŽ U.S. sanctions prominent Chinese cyber company for role in Flax Typhoon attacks Record

๐ŸŒŽ Tron's T3 Financial Crime Fighting Unit Hits $100M in Frozen USDT CoinDesk

๐ŸŒŽ Facebook and Instagram Ads Push Gun Silencers Disguised as Car Parts Wired

๐ŸŒŽ What Bidenโ€™s U.S. Steel deal block means for foreign investment Politico

๐ŸŒŽ Maduro offers $100K reward for whereabouts of Venezuelaโ€™s opposition candidate AP

๐ŸŒŽ On the Front Lines of the Trade War WSJ

๐Ÿ’ฅ Donโ€™t Miss: Sanctions Warfare in the Trump Administration

IN THE NEWS

Terror

๐Ÿ’ฅ What Will Trump Do About Iran? Free Press 

๐Ÿ’ฅ Weโ€™ve Forgotten a Key Part of Counterterrorism City Journal 

๐Ÿ’ฅ Lebanon stops transfer of Iran funds to Hezbollah TOI

๐Ÿ’ฅ U.S. Army vet indicted over attempts to support Hezbollah Reuters

China

๐Ÿ‡จ๐Ÿ‡ณ The Risks in Teslaโ€™s China Supply Chain Wire China

๐Ÿ‡จ๐Ÿ‡ณ China proposes fresh export curbs on EV technology CNN 

๐Ÿ‡จ๐Ÿ‡ณ China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales WSJ

๐Ÿ‡จ๐Ÿ‡ณ Commerce Department seeks to restrict or ban drones from China ABC

Russia

๐Ÿ‡ท๐Ÿ‡บ Are Russian Sanctions Working? Debate Gains New Urgency With Trump. NYT 

๐Ÿ‡ท๐Ÿ‡บ U.S. imposes sanctions on Russian and Iranian groups over disinformation AP

๐Ÿ‡ท๐Ÿ‡บ Pro-Russian Moldovan separatists refuse EU gas despite humanitarian crisis warnings Politico

Corruption & Financial Crime

๐Ÿ’ธ Dictatorships Will Be Vulnerable to Algorithms Wired

๐Ÿ’ธ Morgan Stanley Becomes Latest Bank To Ditch Progressive Climate Change Agenda Free Beacon

๐Ÿ’ธ Madigan trial set to resume next week, but judge and lawyers struggling with definition of 'corruption' CST

๐Ÿ’ธ Inside luxury goods' broken audit system Reuters

๐Ÿ’ธ NYCโ€™s Taxi Mess Was Driven by Decades of Inaction Bloomberg

Crypto & Cyber

๐Ÿ” The 10 worst crypto hacks and exploits of 2024 Block

๐Ÿ” Crypto mogul Do Kwon pleads not guilty in first US court appearance AP

๐Ÿ” Man Dies by Suicide After Being Convicted of โ€˜Rug Pull,โ€™ Decrypt

๐Ÿ” U.S. Army Soldier Arrested in AT&T, Verizon Extortions Krebs

๐Ÿ” Hackers target dozens of VPN and AI extensions to compromise data Record

HAVE A GREAT WEEKEND!

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