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China Chokehold, Operation Chargeback, and AI Malware
Illicit Edge - Edition for November 5, 2025
Hello! It’s November 5, and we’re tracking today’s top stories: How China’s Chokehold on Drugs, Chips and More Threatens the U.S., Operation Chargeback, AI-powered malware is here, Sanctioned Iranian Banker Owns Multi-Million-Pound London Mansion, and much more…
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🎯 FEATURED STORY
How China’s Chokehold on Drugs, Chips and More Threatens the U.S. It isn’t just rare earths. Three products show how Beijing built supply-chain dominance that can impose pain on trading partners. WSJ
🔥 TOP STORIES
Operation Chargeback: 4.3 million cardholders affected, EUR 300 million in damages Europol
AI-powered malware is here Axios
Sanctioned Iranian Banker Owns Multi-Million-Pound London Mansion OCCRP
China backs Venezuela, Trump hints Maduro’s end is near as tensions escalate Miami Herald
Russia open to sending hypersonic missiles to Venezuela Telegraph
BDO quit role supporting Singapore family office linked to scam empire FT
Prosecutors seize yachts, luxury cars from man accused of running Cambodia cyberscams AP
French cement maker Lafarge faces trial on charges of financing jihadists in Syria Reuters
The Slow Death of Russian Oil Foreign Affairs
Former CEO And Board Chairman Charged With Fraud Scheme Directed At Public Company DOJ
Germany cracks down on Muslim groups viewed as threats to its constitutional order DW
Narco-sub carrying 1.7 tonnes of cocaine seized in Atlantic BBC
Treasury sanctions 8 for laundering North Korea earnings from cybercrime, IT worker scheme Record
IN THE NEWS
💥 SANCTIONS
China, Russia vow joint response to 'unilateral' sanctions during Russian PM visit Reuters
With sanctions on Iranian art, buyers are turning to India Art Newspaper
Malaysia Must Stop Enabling Iran’s Sanctions Evasion Diplomat
Marubeni to follow government guidance on Sakhalin-1 as US sanctions Rosneft Reuters
US eases some sanctions on Belarus, including for Lukashenko's aircraft Reuters
🚩 RUSSIA & CHINA
Russian assets dispute triggers crisis meeting between EU Commission, Belgium Politico
Swedish Tycoon Törnqvist Eyes $20B Lukoil Asset Deal Amid US Sanctions United24
Lukoil's overseas network buckles as Western sanctions bite Reuters
Russia wants to bleed us dry Politico
China academic intimidation claim referred to counter-terrorism police BBC
China sentences 5 to death for building, running criminal gang fraud centers in Myanmar's lawless borderlands CBS
Roman Abramovich wants to send £1.54bn from Chelsea sale to his own companies Daily Mail
💸 CORRUPTION & FINANCIAL CRIME
Can Spanish PM survive corruption cases against family and allies? Guardian
Indonesia’s China-funded ‘Whoosh’ railway faces corruption probe SCMP
Histadrut chief, other senior labor officials detained in massive corruption probe Times of Israel
Didier Reynders reportedly charged with money laundering Brussels Times
EU warns Ukraine over corruption as Brussels unveils enlargement reports Politico
🔐 CRYPTO & CYBER
Suspected German Scammer Arrested in Georgia on Extradition Order OCCRP
This millionaire crypto hacker continues to freely cash out a year later CryptoSlate
A Cybercrime Merger Like No Other — Scattered Spider, LAPSUS$, and ShinyHunters Join Forces Hacker News
🚚 TRAFFICKING
FBI to help track down Barrio 18 gang leaders who escaped prison CBS
How Germany aims to increase deportations DW
Why Are Some European Drug Gangs Burying Cocaine Instead of Selling It? OCCRP
“Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so.” —Douglas Adams
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