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Tehran Calls, Supply Chain Combat, and Sanctions Battle

Illicit Edge - Edition for June 12, 2025

Greeting! It’s June 12, and we’re tracking today’s top stories: Iran Will Open Secret New Enrichment Site After U.N. Atomic Agency Censure; Supply Chains Become New Battleground in the Global Trade War; EU Faces Uphill battle to Pass New Russia Sanctions; Telegram, the FSB, and the Man in the Middle, and much more…

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🎯 FEATURED STORY

Iran Says It Will Open Secret New Enrichment Site After U.N. Atomic Agency Censure.  Iran’s new nuclear steps cast a fresh shadow over struggling U.S.-Iran nuclear talks. WSJ

Russia says it's ready to remove highly enriched uranium from Iran Reuters

🔥 TOP STORIES

Supply Chains Become New Battleground in the Global Trade War WSJ 

🎙️Coercive Capital: Department of Defense Supply Chain Economics – Elaine Dezenski, Wes Spurlock, and David Rader Illicit Edge

EU faces uphill battle to pass new Russia sanctions Politico 

Hegseth wavers on Russia sanctions, insists U.S. should not use ‘every tool’ NYP

Telegram, the FSB, and the Man in the Middle OCCRP

China-backed militia secures control of new rare earth mines in Myanmar Reuters

Secretary of State Rubio seeking sanctions investigation of Harvard NBC

Sham Palestinian Charity Sanctioned Over Work With Hamas Has Also Partnered With Elite US Universities Free Beacon

World’s largest aircraft owner can now claim over $1B in insurance over jets stuck in Russia Guardian

DOJ Resumes Foreign-Bribery Work but Cuts Cases After Trump’s Pause WSJ

EU commission removes UAE, adds Lebanon and Algeria to money laundering list Al-Monitor

IN THE NEWS

🚩 RUSSIA & CHINA

EU Proposes Sanctioning Two Small Chinese Banks for Russia Trade Bloomberg

Huawei founder Ren’s remarks illuminate China’s strategy to overcome US curbs SCMP

China Puts Six-Month Limit on Its Ease of Rare-Earth Export Licenses WSJ

CCP Uses Harvard as 'Fertile Human Capital Recruiting Ground' to Further Military Goals Free Beacon 

🔐 CRYPTO & CYBER

Singapore leads multinational operation to shutter scam centers tied to $225M in thefts Record 

Suspects in New York City crypto torture case plead not guilty to kidnapping and assault ABC

Shaquille O’Neal to pay $1.8M to settle FTX investor lawsuit CNBC

Five plead guilty to laundering $36M stolen in investment scams Bleepingcomputer

💸 CORRUPTION & FINANCIAL CRIME

Former Lebanese economy minister is arrested on corruption charges AP

Creating a culture of corruption coda

Michael Madigan, ComEd and Corruption Chicago Tribune

Founder of N.Y.C. Public Defender Office Is Charged With Fraud NYT

French antiques fraudsters found guilty of Versailles chair scam BBC

Argentina's top court upholds 6-year prison sentence for ex-President Fernández AP

🚚 TRAFFICKING

US pushes Mexico to prosecute, extradite politicians with cartel ties Reuters 

Texas Operation Rescues Over 100 Kids from Human Trafficking Newsweek

Italy Busts Immigration Ring as EU Crossings Drop OCCRP

Lake County Man Facing Up To 135 Years For Firearms Trafficking DOJ

“Corruption, embezzlement, fraud: these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not.” —Alan Greenspan

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