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Iran Bounty, Dark Web Takedown, and Sanctions Wobble
Illicit Edge - Edition for June 17, 2025
Greetings! It’s June 17, and we’re tracking today’s top stories: U.S. offering $10M for info on Iranian hackers behind IOControl malware, Europe-wide takedown hits longest-standing dark web drug market, Trump hints at no more U.S. sanctions on Russia at G7 summit, Schumer requests $600k in taxpayer funds for group accused of training migrants to slip dragnet, and much more…
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🎯 FEATURED STORY
U.S. offering $10M for info on Iranian hackers behind IOControl malware. The State Department is seeking information on Iranian hackers targeting critical infrastructure using a strain of malware deployed against industrial control systems. Record
Iranian news site confirms banking issues due to cyberattack after hacking claim TOI
🔥 TOP STORIES
Europe-wide takedown hits longest-standing dark web drug market Europol
Trump hints at no more U.S. sanctions on Russia at G7 summit Politico
UK announces new sanctions against Russia Reuters
Schumer Requests $600k in Taxpayer Funds for Left-Wing Group Accused of Training Migrants to Avoid ICE Free Beacon
Many Exporters No Longer Want Dollars Bloomberg
Venezuelan National and U.S. Citizen Arrested for Sanctions Evasion and Smuggling DOJ
CFTC secures Court order directing Agridime to pay $103M in restitution FX News
Crypto Tycoon Justin Sun’s Tron Group to Go Public in U.S. via Reverse Merger WSJ
Corruption scandals put Spain’s Sánchez under pressure to call snap elections Politico
US targets Los Chapitos money laundering network in Mazatlán run by a businessman and makeup artist El País
'AI Godfather' Warns Superintelligent Machines Could Kill Off Humans With Biowarfare Decrypt
IN THE NEWS
🚩 RUSSIA & CHINA
Obscure Chinese Stock Scams Dupe American Investors by the Thousands WSJ
China Is Unleashing a New Export Shock on the World NYT
Trump Officials Weighed Broader China Tech Restrictions Ahead of Trade Talks WSJ
Chinese woman schemes to make $1.4M by living with rich men, looting luxury homes SCMP
🔐 CRYPTO & CYBER
Senate expected to pass crypto bill without addressing Trump's investments AP
Kidnappers Release TikTok Crypto Influencer After Finding Out He’s Broke Decrypt
Hackers switch to targeting U.S. insurance companies Bleeping Computer
Crypto user loses $6.9M to a cold wallet from China’s TikTok Cointelegraph
💸 CORRUPTION & FINANCIAL CRIME
Switzerland fines Pictet for money laundering, sentences former employee Reuters
LA County executives sentenced for faulty dehumidifiers linked to more than 450 fires CBS News
$124M armored truck crypto money laundering operation busted Tom’s
DOJ Declines Prosecution of Private Equity Firm Following Voluntary Disclosure of Sanctions Violations DOJ
🚚 TRAFFICKING
DHS Flip-Flops Again on TACO Trump’s Immigration Raids Daily Beast
Grooming gangs in UK thrived in ‘culture of ignorance’ Guardian
Cops remove 88 children from a Bible study camp in Iowa NYP
G7 to explore possible sanctions on criminals linked to migrant smuggling Reuters
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