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Tehran Shadows, Secret Cartel War, and Ketamine Queen
Illicit Edge - Edition for August 22, 2025
Happy Friday! It’s August 22, and we’re tracking top stories to take you into the weekend: U.S. targets Iran’s oil shadow fleet, U.S. military preparing attacks on Mexican cartels under secret orders, Ketamine Queen to plead guilty, six severed human heads discovered in central Mexico, and much more...
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🎯 FEATURED STORY
U.S. targets Iran’s oil shadow fleet. Treasury sanctioned 13 entities and eight vessels tied to moving Iranian crude via Hong Kong, China, the UAE and Marshall Islands. U.S. Treasury
🔥 TOP STORIES
U.S. Military Preparing Attacks on Mexican Cartels Under Secret Orders. Ken Klippenstein
Mexico Denies DEA Deal on New Cartel Operation. NYT
'Ketamine Queen' who sold drugs to 'Friends' star Matthew Perry, to plead guilty. ABC
Six severed human heads discovered in central Mexico. CNN
🎙️ New Podcast Drop!
FinCrime Unfiltered with Sarah Beth Felix
De-Banking, Mexican Banks & Compliance Blind Spots
Watch or Listen.
Nvidia orders suppliers to halt work on China-focussed H20 AI chip. Reuters
How Trump Will Decide Which Chips Act Companies Must Give Up Equity WSJ
493 Cases of Sextortion Against Children Linked to Notorious Scam Compounds Wired
U.S. vs. ICC: When Judges Land on the Sanctions List CNN
Russia, China push back on EU move to reimpose U.N. Iran sanctions. Newsweek
Brazil Challenges U.S. Trade Probe as Dispute Widens. Semafor
New York appeals court tosses Trump’s $500M civil fraud penalty. CNBC
IN THE NEWS
🚩 RUSSIA & CHINA
China considers yuan-backed stablecoins to boost global use of its currency. Reuters
U.S. Charges Florida Dealer with Routing Export-controlled Weapons Parts via Kazakhstan to Russia. DOJ
India and Russia Vow Deeper Trade Ties. Reuters
U.S. Navy Sailor Convicted of Spying for China. DOJ
China in Talks With Taliban for Mining and Infrastructure Projects. Al-Monitor
🔐 CRYPTO & CYBER
Hackers who exposed North Korean government hacker explain why they did it. TechCrunch
OCC drops consent order against Anchorage Digital amid regulatory shift. Block
Member of the Scattered Spider Hacker Group gets 10 years and $13M restitution. Record
Kyrgyzstan asks Trump and Starmer to rethink UK crypto sanctions. Reuters
Microsoft Limits Chinese Firms’ Early Access to Vulnerability Alerts. Reuters
Inotiv Discloses Ransomware Attack in SEC Filing. Record
💸 CORRUPTION & FINANCIAL CRIME
Aspiration cofounder to plead guilty in $248M fake-revenue fraud. DOJ
Ex-Adams chief adviser and six others indicted in City Hall corruption probe. AP
DOJ signals probe of Fed Governor Lisa Cook, as housing official says a third property is now under scrutiny. CNN
Whistleblower Says Politics Skewed DOJ Antitrust. American Prospect
Mali’s Ex-Prime Minister Jailed on Corruption Allegations. AP
🚚 TRAFFICKING
Navy destroyers join fight against cartels off Venezuela shore News Nation
Department of Defense recruiting civilian volunteers for Trump’s immigration crackdown. Fox
11 Sentenced in Major Indiana Fentanyl Trafficking Ring. NBC
FinCEN Extends Key Dates for New Fentanyl Finance Orders. FinCEN
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