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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

💥 What Will Trump Do About Iran? Free Press 

💥 We’ve Forgotten a Key Part of Counterterrorism City Journal 

💥 Lebanon stops transfer of Iran funds to Hezbollah TOI

💥 U.S. Army vet indicted over attempts to support Hezbollah Reuters

China

🇨🇳 The Risks in Tesla’s China Supply Chain Wire China

🇨🇳 China proposes fresh export curbs on EV technology CNN 

🇨🇳 China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales WSJ

🇨🇳 Commerce Department seeks to restrict or ban drones from China ABC

Russia

🇷🇺 Are Russian Sanctions Working? Debate Gains New Urgency With Trump. NYT 

🇷🇺 U.S. imposes sanctions on Russian and Iranian groups over disinformation AP

🇷🇺 Pro-Russian Moldovan separatists refuse EU gas despite humanitarian crisis warnings Politico

Corruption & Financial Crime

💸 Dictatorships Will Be Vulnerable to Algorithms Wired

💸 Morgan Stanley Becomes Latest Bank To Ditch Progressive Climate Change Agenda Free Beacon

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

💸 Inside luxury goods' broken audit system Reuters

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

Crypto & Cyber

🔐 The 10 worst crypto hacks and exploits of 2024 Block

🔐 Crypto mogul Do Kwon pleads not guilty in first US court appearance AP

🔐 Man Dies by Suicide After Being Convicted of ‘Rug Pull,’ Decrypt

🔐 U.S. Army Soldier Arrested in AT&T, Verizon Extortions Krebs

🔐 Hackers target dozens of VPN and AI extensions to compromise data Record

HAVE A GREAT WEEKEND!

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