Happy Monday! It’s November 17, and we’re tracking today’s top stories: The Crypto Industry’s $28 Billion in Dirty Money, U.S. sanctions Hysa group and 10 Mexican casinos over Sinaloa Cartel money laundering, Charlie Javice billed JP Morgan for cellulite butter, luxe items as part of $74M legal tab, State Department to designate Venezuelan cartel as a foreign terrorist organization, and much more…

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🎯 FEATURED STORY

The Crypto Industry’s $28 Billion in Dirty Money. As President Trump has championed crypto and the industry has gone mainstream, funds from scammers and other criminal groups have flowed onto major crypto exchanges. NYT

🔥 TOP STORIES

U.S. sanctions Hysa group and 10 Mexican casinos over Sinaloa Cartel money laundering El Pais 

Charlie Javice billed JPMorgan for cellulite butter, luxe items as part of $74M legal tab NYP

State Department to designate Venezuelan cartel as a foreign terrorist organization CNN

Trump Reveals Sanctions Coming For Countries That Trade With Russia Newsweek 

Inside Trump’s scramble to reduce US dependence on Chinese rare-earth metals Guardian 

Hong Kong police arrest 15 in crackdown on HK$1.1 billion laundering operation SCMP 

Ukrainian Businessman Embroiled In Massive Corruption Scandal Fled To Poland In Luxury Taxi RFE

Ukraine’s $200 Billion Lifeline From Europe Stumbles on Pushback in Belgium WSJ

Singapore battles dirty money from scam farms FT

The age of AI-powered cyberattacks is here Axios

CFO Convicted for Losing $35M of Company Money in Crypto Side Hustle Decrypt

Hegseth announces operation ‘Southern Spear’ to quash ‘narco-terrorists’ Hill

Morgan Stanley questioned by US House panel over Zijin Gold IPO in Hong Kong Reuters

🚩 RUSSIA & CHINA

EU Faces Challenges In Crafting New Russia Sanctions Amid Focus On Ukraine Funding RFE

Nexperia civil war erupts as firm’s Chinese and Dutch arms trade blows SCMP

US Sanctions Propel Chinese AI Prodigy to $23 Billion Fortune Bloomberg

Chinese money launderers ‘increasingly incorporating crypto’ DLN

U.S. paves way for talks on sale of Lukoil's foreign assets Reuters

💸 CORRUPTION & FINANCIAL CRIME

Thousands protest crime and corruption in Mexico City as 'Gen Z' protests gain momentum AP

Caesars Entertainment agrees to pay $7.8M money laundering fine CBS

4 Americans plead guilty to helping North Korean scammers earn over $2M from dozens of companies Politico

Russian billionaire Abramovich says Jersey investigation is baseless and unlawful Reuters

🔐 CRYPTO & CYBER

Alibaba to Use JPMorgan’s Blockchain for Tokenized Dollar and Euro Payments CoinDesk 

Bitfinex Bitcoin Hack Money Launderer Razzlekhan Set to Release New Music Decrypt

Turkey Seizes Control of Crypto Company Suspected of Money Laundering Balkan Insight

Operation Endgame targets malware networks in global crackdown Cyberscoop

🚚 TRAFFICKING

Leader of Ecuadorian drug trafficking gang Los Lobos arrested in Spain CNN

'We have no choice': Indigenous guards take on cocaine gangs in Peru's Amazon NPR

Secret U.S. Memo Authorizing Drug-Boat Strikes Cites Chemical Weapon Threat WSJ

YouTuber Jack Doherty arrested in Miami on drug possession charges BBC

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