Happy Friday! It’s October 9, and we’re tracking top stories to take you into the weekend: How a Shadow Economy in Asia Is Keeping Iranian Oil Flowing, Ledger investigates wallet tampering after reports of $86 million in crypto stolen, How a Binance ‘High-Value Customer’ Established a Financial Lifeline for Iran, American Express fined $350 million for insufficient anti-money laundering program, and much more…

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Breaking News for FinCrime Professionals
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🎯 FEATURED STORY

How a Shadow Economy in Asia Is Keeping Iranian Oil Flowing. Companies continue to service a “dark fleet” of Iranian tankers in waters off Malaysia in spite of Washington’s threat to target them. New York Times

🔥 TOP STORIES

Ledger investigates wallet tampering after reports of $86 million in crypto stolen CoinDesk

How a Binance ‘High-Value Customer’ Established a Financial Lifeline for Iran Wall Street Journal

American Express National Bank fined $350 million for insufficient anti-money laundering program Reuters

Putin throws Trump midterm lifeline as Russian tyrant agrees to 'immediately supply US with 300,000 tons of diesel' Daily Mail

German regulator extends Deutsche Bank deadline to fix money laundering prevention systems Reuters

Operation Economic Outcast Neutralizes Iranian Regime’s Remaining Shadow Fleet Network U.S. Treasury

Man admits to running network of 15,000 money mules for cybercriminals BleepingComputer

The Pentagon Gave Contracts to Alvarez & Marsal Federal, a Firm Closely Tied to a Senior Defense Official ProPublica

Trump envoy kept financial ties to firm behind $15 billion Hormuz-bypass oil pipeline plan Reuters

FBI Seizes 7 Domains, Disrupts Flax Typhoon Tools Used in Critical Infrastructure Intrusions Hacker News

F.B.I. Arrests Key Suspect in ShinyHunters Hack of Its Own Agents’ Data New York Times

Iranian operatives used AI to plant fake stories in multiple US media outlets CNN

🚩 RUSSIA & CHINA

Trump Vowed to Wall Off TikTok From China. Did He? Politico

Montenegro Arrests then Expels Russian 'Rybar' Network Leader, Associates OCCRP

Ukrainian-Russian dual citizen pleads guilty to helping run $10M money laundering ring Washington Times

China’s Weaponization of Dual-Use Research Vessels for Undersea Data Dominance CSIS

The GRU’s dud drone: How Russian intelligence botched a sabotage plot at Leipzig airport The Insider

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🚀 SANCTIONS & TERROR

Turning Russian Assets into Financing for Ukraine Now Carnegie

How Correspondent Banking Can Enable Sanctions Evasion New York Times

Pegasus Worldwide Logistics Settles with OFAC for $175,015 for Violations of Counter Narcotics Sanctions OFAC

Sanctioned Belarus Trucks And A Mystery Logo RFE/RL

Somalia claims to have killed another senior Shabaab leader Long War Journal

US says Iran-backed Houthis profit from trafficking, recruit child soldiers Iran International

Iran and Houthis Try to Regain Upper Hand in Hormuz With Spate of New Attacks Wall Street Journal

Hamas earning millions a day taxing goods and selling aid Times of Israel

ISIS-inspired pharmacy student charged with plotting mass killing of Jews using poisons Ynet

💸 CORRUPTION & FINANCIAL CRIME

CA charter school that blew millions on Hawaii trips, luxury ballparks and trips to Paris files for bankruptcy New York Post

Philippines thought Pogos were gone. Corruption and AI still power them. South China Morning Post

Hong Kong police arrest students as key figures in HK$2.16 million scam ring South China Morning Post

DR Congo uncovers $20B in payments to ineligible mining suppliers Semafor

How Hungary’s richest man funneled millions into Orbán’s propaganda machine ICIJ

🔐 CRYPTO & CYBER

Leaked chats show Russian extortion gang sending ‘agents’ into US law firms Record

Low-cost Android phones ship with residential proxy malware BleepingComputer

Credential-Stealing GitHub Actions Workflows Planted in Tens of Thousands of Repositories The Hacker News

Swiss pension fund hit by data leak after cyberattack on software provider Reuters

Firefox has a crypto stealing extension infestation problem Cybernews

🚚 TRAFFICKING

The footprint of Los Mayos and the Jalisco New Generation Cartel on Mexico’s concert business El País

European and Ecuadorian cooperation leads to 20 arrests in major hit against drug trafficking Europol

Toronto-area man sentenced to 68 months in prison for smuggling cocaine allegedly tied to Ryan Wedding CBC

Nearly 50 Arrested as Police Target Western Balkan Drug Network OCCRP

HAVE A GREAT WEEKEND!

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