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Operation Zero, Pig Butcher Pinch, and Claude Corner
Illicit Edge - Edition for February 26, 2026
Greetings! It’s February 26, and we’re tracking today’s top stories: Inside the story of the U.S. defense contractor who leaked hacking tools to Russia, North Carolina prosecutors seize $61 million in USDT tied to 'pig butchering' scam, Pentagon takes first step toward blacklisting Anthropic, Google Disrupts UNC2814 GRIDTIDE Campaign After 53 Breaches Across 42 Countries, and much more…
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🎯 FEATURED STORY
Inside the story of the US defense contractor who leaked hacking tools to Russia. Trenchant is a crew of hackers and bug hunters who dig deep into other popular software made by companies like Google and Apple, identify flaws in those millions of lines of code, then devise techniques to turn those flaws into workable exploits that can be used to reliably hack into those products. TechCrunch
🔥 TOP STORIES
North Carolina prosecutors seize $61 million in USDT tied to 'pig butchering' scam U.S. Department of Justice
Pentagon takes first step toward blacklisting Anthropic Axios
Hacker Used Anthropic’s Claude to Steal Mexican Data Trove Engadget
Google Disrupts UNC2814 GRIDTIDE Campaign After 53 Breaches Across 42 Countries The Hacker News
America Might Not Rule, but the Dollar Still Does The New York Times
Trump cites fraud in freezing Minnesota Medicaid funds Axios
FBI raids LA Unified School District offices and superintendent’s home Politico
Epstein Used His Fortune to Infiltrate America’s Most Prestigious Universities The Wall Street Journal
Inside Bill Gates’ sordid affair with Russian Mila Antonova and the dark links to Epstein New York Post
An Individual Settles with OFAC for $3,777,000 Related to Apparent Violations of Syrian Sanctions Regulations U.S. Department of the Treasury
KuCoin told to halt new EU business due to compliance staffing shortfalls CoinDesk
Crypto’s biggest exchange fights back against allegations of moving billions of Iran-linked money CoinDesk
Trump weighs citizenship requirement for bank account holders Semafor
Russia Used British Overseas Territories to Evade $8 Billion in Sanctions United24 Media
The Ukrainian Bureaucrat Working to Squeeze Russia’s War Machine The New York Times
Turkish Halkbank Sanctions Case Back on Agenda of US Court Bloomberg
Conduent data breach grows, affecting at least 25M people TechCrunch
Phishing operation with links to Russia, Armenia compromised Western cargo companies The Record
IN THE NEWS
🚩 RUSSIA & CHINA
DeepSeek withholds latest AI model from US chipmakers including Nvidia Reuters
The Russian economy is eating its own muscle to survive as Putin’s war on Ukraine destroys future capacity Fortune
Musk blocking Russia’s drones from using Starlink has delivered ‘enormous’ boost to Ukraine The Independent
China imposes export controls on 20 Japanese entities to curb ‘remilitarization’ AP News
Huawei’s 2025 revenues surge to US$127 billion as firm continues to defy US sanctions South China Morning Post
A Chinese official’s use of ChatGPT accidentally revealed a global intimidation operation CNN
Former U.S. Air Force Pilot Arrested for Providing Defense Services to the Chinese Military U.S. Department of Justice
🚀 SANCTIONS
Trump Treasury official to exit after objecting to Minneapolis crackdown The Washington Post
On eve of nuclear talks, Trump hits Iran with new sanctions The Hill
How Tehran whitewashes its crimes abroad Iran International
DJI sues the FCC for “carelessly” restricting its drones Ars Technica
UK sanctions New Zealand insurance firm over Russian oil trade links The Independent
UK sanctions Russian oil pipeline giant on fourth anniversary of Ukraine war The Independent
Panama seizes control of key canal ports from Hong Kong company Semafor
UK sanctions two Georgian TV channels over 'Russian disinformation' Reuters
Solar dominates import seizures after US ban on Chinese forced labor goods Reuters
💸 CORRUPTION & FINANCIAL CRIME
Hong Kong's Court of Appeal overturns tycoon Jimmy Lai's fraud conviction and sentencing BBC News
MrBeast Editor Accused of Insider Trading on Kalshi The Hollywood Reporter
Jane Street faces claims of insider trading that sped up Terraform's 2022 collapse CoinDesk
Former Star Supreme Court Lawyer Convicted of Tax Violations The Wall Street Journal
Meet the man Trump picked to pursue his war on fraud at the Justice Department CNN
🔐 CRYPTO & CYBER
The Big One: The cyberattack scenarios that keep officials up at night Axios
Anti-Money Laundering Body Warns of Growing Threat of Cyber Scams OCCRP
Bitcoin Depot Will Require ID for 'Every Transaction' at ATMs Amid Growing Pressure Decrypt
CEO of Orlando company arrested in alleged $328M cryptocurrency Ponzi scheme NBC
Trump Administration Moves to Allow Intelligence Agencies Easier Access to Law Enforcement Files ProPublica
🚚 TRAFFICKING
Inside El Mencho’s arsenal: high-powered weapons, 400 gunmen, drones and land mines Los Angeles Times
After El Mencho killing, U.S. still seeks these Mexican cartel leaders Axios
Sinaloa Cartel Leader Charged in Massive Drug Trafficking Scheme U.S. Department of Justice
Super Bowl anti-human trafficking operations lead to 73 rescued, 29 arrested in Bay Area ABC
How cartel members are getting drone training in Ukraine Metro
Dark Bank: American suspected of leading an international criminal organization extradited to France Le Monde
🇻🇪 VENEZUELA
US to allow resale of Venezuelan oil to Cuba's private sector Deutsche Welle
Venezuela’s controversial attorney general forced to resign amid post-Maduro reshuffle Miami Herald
Trump admin won’t let Venezuela pay for Maduro’s legal fees, his lawyer says Politico
Violent Militias Stand Between the U.S. and Venezuela’s Vast Mineral Riches The Wall Street Journal
The Future of Drug Trafficking Out of Venezuela InSight Crime
“They can't collect legal taxes from illegal money.” —Al Capone
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