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Russian Gas, Corpses for Cash, and Crypto Terror Finance

Illicit Edge - Edition for May 9, 2025

Happy Friday! It’s May 9, and we’re tracking top stories to take you into the weekend: US, Russia explore ways to restore Russian gas flows to Europe, how corruption stalks Ukraine’s war dead, man sentenced to 30 years in prison for crypto-terror financing scheme, Citigroup must face $1B lawsuit claiming it aided Mexican oil company fraud, and much more…

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🎯 FEATURED STORY

U.S., Russia explore ways to restore Russian gas flows to Europe. Sources close to the bilateral discussions said carving out a renewed role for Moscow in the European Union's gas market could help cement a peace deal with Russian President Putin. Reuters

🔥 TOP STORIES

Corpses for Cash: How Corruption Stalks Ukraine’s War Dead WSJ

Man Sentenced to Over 30 Years in Prison for Crypto-Terror Financing Scheme DOJ

Citigroup Must Face $1B Lawsuit Claiming It Aided Mexican Oil Company Fraud Reuters

US Imposes Iran-Related Sanctions on Third China 'Teapot' Refinery Reuters

Whistleblowers Who Defied Credit Suisse Are About to Share up to $150M WSJ

Illicit Edge Originals: Defending the Whistleblower Designated

Celsius founder Alex Mashinsky sentenced to 12 years in prison Verge

'Don't Do Crime, Crime Is Bad' — Hack on Ransomware Gang LockBit Exposes 59,975 Bitcoin Addresses and Thousands of Victim Negotiations Block

Syria Dangles Oil, Peace for U.S. Help on Sanctions WSJ

PowerSchool Paid a Hacker’s Ransom, but Now Schools Are Being Extorted TechCrunch

IN THE NEWS

💥 RUSSIA & CHINA

Fentanyl Crisis Provided Opening for U.S.-China Trade Talks WSJ

Illicit Edge Originals: Networks the Fuel the Fentanyl Crisis Coercive Capital

Xi in Moscow: China's Role in Russia's Economic Survival DW

US Weighs Plan to Slash China Tariffs to as Low as 50% NYP

💸 CORRUPTION & FINANCIAL CRIME

Judge Dismisses Most Charges Against FTX’s Celebrity Boosters Verge

Bargain Hunt Expert Charged with Terror Offenses BBC

X Restricts Access to Jailed Istanbul Mayor’s Account Under Court Order but Challenges Decision AP

US Cuts Aid to Zambia Over 'Systematic' Medicine Theft BBC

🔐 CRYPTO & CYBER

Democrats Block Stablecoin Bill in Blow to Crypto Hill

Binance Founder CZ Zhao Asked Trump to Pardon Money Laundering Conviction Cointelegraph

VC Giant Insight Partners Confirms Investor Data Stolen in Breach
BleepingComputer

🚚 TRAFFICKING

FBI Arrests 205 Child Sex Abuse Offenders in Five-Day Nationwide Crackdown FBI

Brazil Rejects US Request to Designate Two Gangs as Terrorist Organizations Guardian 

Teenagers found with 5,000 ants in Kenya given fine or 1-year jail sentence AP

European Commission sues Hungary for releasing thousands of migrant smugglers from prison Euro News

“Bad seed is a robbery of the worst kind: for your pocket-book not only suffers by it, but your preparations are lost and a season passes away unimproved.” —George Washington

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