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Tehran Clique, Moscow Money Pit, and Rehab Racket

Illicit Edge - Edition for October 9, 2025

Hello! It’s October 9, and we’re tracking today’s top stories: How Iran ships oil around the world despite sanctions, Russian Stocks Suffer Sharpest Single-Day Drop in 3 Years, Drug Rehabs Lure In Patients for Insurance Money — Then Leave Them on the Street, Hamas accepts Trump peace plan ending 2 years of war in Gaza, and much more…

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🎯 FEATURED STORY

How Iran ships oil around the world despite sanctions. Tehran shifts to unofficial channels and clandestine networks to keep selling its crude oil. DW

🔥 TOP STORIES

Russian Stocks Suffer Sharpest Single-Day Drop in 3 Years Moscow Times 

EU Moves to Phase Out Russian Energy by 2028 Reuters 

Drug Rehabs Lure In Patients for Insurance Money — Then Leave Them on the Street WSJ 

Hamas accepts Trump peace plan ending 2 years of war in Gaza, returning hostages FOX 

US imposes new restrictions on Chinese technology companies TOI

China outlines more controls on exports of rare earths and technology AP

Argentina Agrees to Extradite Businessman Wanted in U.S. Corruption Case AP

Inside the Trump team’s secret talks to rescue Argentina Fortune

Democrats Intensify Inquiry Into Tom Homan Bribery Allegations Axios

Former KPMG Auditor Fined Again for Serious Misconduct Breaches The Times

Erdogan Seeks Sanctions Relief and F-35 Deal After Talks with Trump Reuters

US law firm with major political clients hacked in spying spree linked to China CNN 

Mexico awarded 190 public contracts to a network linked to Los Chapitos even after US sanctions El Pais

IN THE NEWS

🚩 RUSSIA & CHINA

China widens corporate anti-corruption crackdown Semafor 

De-Dollarization: India Uses Chinese Yuan to Pay for Russian Oil United24

Kremlin Vows Response if EU Curbs Russian Diplomats’ Travel Reuters

U.S. Delays Sanctions on Serbia’s Russian-Owned Oil Firm by One Week Reuters

Austria Blocks New Russia Sanctions Over Bank Compensation Dispute Bloomberg

Russian Hackers Now Using AI To Generate Malware Record

💸 CORRUPTION & FINANCIAL CRIME

Former FBI Director pleads not guilty and will argue he is unfairly targeted by Trump CNN

Iraqi Kurdish Ruling Family’s U.S. Luxury Spree OCCRP

Italian Police Arrest Lazio Ultras in Attempted Olympic Corruption Scheme Reuters

US Bank Regulator Proposes Curbs on Agency Watchdogs Reuters

Has Philippines lost world’s trust over flood-control corruption scandal? SCMP

🔐 CRYPTO & CYBER

Stablecoins: The Revolution in Global Money Transfers CoinDesk 

CZ Family Office Kickstarts $1 Billion Builder Fund on BNB Decrypt

How North Korean hackers stole a record $2bn in crypto — and the year’s not over DLN

Scammers using AI to lure shoppers to fake businesses BBC

M&S Hackers Claim 1 Billion Records, Demand Ransom Independent

Qilin Ransomware Group Claims Cyberattack on Japan’s Asahi Breweries Bleeping Computer

🚚 TRAFFICKING

Singapore executes Malaysian drug trafficker in 12th execution this year AP 

Puerto Rico Probes Grisly Killings Amid Drug-Trafficking Turmoil AP

U.S. Strikes on Drug Boats: Different Sources Give Different Numbers Reuters

Police Arrest Dozens in San Jose Human Trafficking and Prostitution Operation CBS

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