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🌎 How Raiffeisen’s bet on Russia took it to the brink.  Raiffeisen is on the front line of America’s intense push to isolate Russia by reinforcing sanctions. Reuters

🌎 How the US is putting the squeeze on the Sinaloa Cartel.  Washington closes in on the Mexican crime gang responsible for huge volumes of fentanyl trafficking. El País 

️ Poisons in Paradise: How Mexican cartels target Hawaii with meth, fentanyl USAT

🌎 A Beautiful Chinese Launderette.  In Mexico, cartels turn chemicals into pills and smuggle these north across the border, where they are sold for cash that needs to be cleaned. FT

🌎 Hacker infiltrated OpenAI’s messaging system and ‘stole details’ about AI tech.  A security breach at the maker of ChatGPT last year revealed internal discussions among researchers, but not the code behind OpenAI’s systems. Independent

🌎 Security group led by China, Russia ‘key pillar’ of world order.  Putin and Xi have expanded the Shanghai Cooperation Organization to include India, Iran and Pakistan as a counterweight to the West. Reuters

🇷🇺 Russian armor-piercing tank rounds to be made in India Reuters 

🇷🇺 Update to Certain Russia-related Listings OFAC

🌎 The Not-So-Secret Network Access Broker x999xx.  Certain old-school Russian hackers have done little to prevent people from figuring out who they are in real life. Krebs

💥 What Are Access Brokers? Illicit Edge

🌎 Relearning lessons from the past: NATO and economic deterrence.  There’s a growing need for the West to seamlessly integrate military deterrence with economic warfare once more. Politico

🌎 Maduro’s Dirty Playbook.  If his electoral ploys work, he may be able to rig the election long before election night, without the need to manipulate the vote count. MH

🌎 Brazilian police indict ex-President Bolsonaro in undeclared diamonds case.  This indictment dramatically raises the legal threats facing the divisive ex-leader. AP

🌎 Former Defense Contractor Le Dain Faces Extradition for $350M Tax Evasion.  He earned $350M but pretended funds were income to his wife. DOJ

 

RUSSIA

🇷🇺 Russian Government’s Oil Revenue Was Up Almost 50% in June Bloomberg

🇷🇺 Russian regulator encourages use of crypto to counter sanctions Reuters

🇷🇺 The critical cog in Putin’s machine and how British firms help to keep Russian gas flowing Sky

🇷🇺 Iranian Central Banker Calls for Closer Financial Ties to Russia Bloomberg

🇷🇺 Russia sentences U.S. man Robert Woodland to prison on drug charges CBS

🇷🇺 Russian paratroop commander ordered detained on corruption charges Reuters

CHINA

🇨🇳 Pentagon Has a Huawei Dilemma Congress Doesn’t Want to Solve Bloomberg

🇨🇳 Huawei exec rejects idea that advanced chip shortage will hamper China’s AI ambitions Reuters

🇨🇳 384,000 sites pull code from sketchy code library recently bought by Chinese firm Ars

CORRUPTION & FINANCIAL CRIME

💸 Fraud groups ‘stealing billions’ from music industry via ‘fake’ streams Sky

💸 Panama’s new president labels Panama Papers a ‘hoax’ ICIJ

💸 Malaysia’s Najib loses legal bid to serve sentence under house arrest AP

🚩 FATF Identifies Jurisdictions with AML/CFT, Terrorism, and Counter-Proliferation Finance Deficiencies FinCEN

CRYPTO & CYBER

🔐 Microsoft’s Midnight Blizzard source code breach also impacted federal agencies Verge

🔐 Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures CoinDesk

🔐 Global Police Operation Shuts Down 600 Cybercrime Servers Linked to Cobalt Strike Hacker News

🔐 Ransomware locks credit union users out of bank accounts Ars

🔐 Senate leader demands answers from CISA on Ivanti-enabled hack of sensitive systems Record

 

TRAFFICKING

🚚 Sean ‘Diddy’ Combs accused of sex trafficking and sexual assault in lawsuit by former adult film actress CNN

🚚 CBP Officers Seize $5M Worth Of Meth Newsweek

🚚 Rare plants hidden in toys – and other trafficking tactics BBC

RESEARCH AND MULTIMEDIA

📘 Ecuador’s Risky War on Narcos New Yorker 

📘 New $72K Migrant Smuggling Routes to the U.S. Start With Charter Flights Reuters

📘 Money Laundering National Risk Assessment Singapore MAS

📘 A better anti-corruption machine Brookings

📘 Ransomware Victim Insights RUSI

📘 Standards and interoperability: The future of the global financial system Atlantic Council

📘 U.S. Foreign Extortion Prevention Act: New Tool in the Fight Against Global Corruption TI 

📘 How We Uncovered the Modus Operandi of Criminals Smuggling Illegal Gold out of Venezuela Pulitzer Center

📘 Illicit Drugs Are Undermining Pacific Security USIP

 


ILLICIT EDGE INSIGHTS

📌 China’s Oppression of the Uyghurs in Xinjiang

📌 How Are U.S. Financial Sanctions Developed?

📌 Top 10 Ways Iran Supports and Empowers Hamas

📌 Iran’s Nuclear Weapons Program: A Dangerous Evolution

📌 Top 10 Ways Money Launderers Are Caught Red-Handed 

📌 What are the Top 10 Books on Corruption, Kleptocracy, and Illicit Financing?

📌 What Are 10 Ways China Is Stealing Intellectual Property?

📌 These are Mexico’s Most Powerful Drug Cartels

📌 The Hypocrisy of Labeling Terrorists as ‘Militants’

📌 Sanctions and the IRGC: How Iran’s Paramilitary Group Profits from Economic Hardship

📌 What are the Arguments For and Against ESG?

 


VIDEOS

 


INFLUENCERS

Kim Zetter / Brian Krebs / Nicole Perlroth /
Josh Rogin / Ellen Nakashima / Matt Levitt /
Clarissa Ward / Gary Kasparov / Joseph Cox / Mark Dubowitz
Sviatlana Tsikhanouskaya / Bill Browder / Jen Easterly /
Zack Kopplin / Laura Shin / Dmitri Alperovitch / Tom Keatinge
Catherine Belton / Nazanin Boniadi / Chris Krebs /
Kevin Hall / Farnaz Fassihi / Kevin Collier / Patrick Howell O’Neill /
Michael McFaul / Jonathan Schanzer / Catalin Cimpanu /
Liza Lin / Enes Kanter FREEDOM / Bianna Golodryga

 


RESOURCES

Financial Action Task Force /
Egmont Group /
Organized Crime and Corruption Reporting Project /
International Consortium of Investigative Journalists /
Money Laundering Watch/

C4ADS /
Combating Terrorism Center /
Royal United Services Institute /

 


PODCASTS

🎙 Treasury in the Time of Russia Sanctions: Insights with Liz Rosenberg RUSI 

🎙 Sanctions Past, Present, and Future with OFAC Director Brad Smith Lawfare

🎙 FBI Director Wray talks takedown operations, nation-state hackers, and growing threats in cyberspace Record

🎙 Do sanctions still work as a weapon of war? Economist

🎙️Pirate of Prague Apple

🎙️Bug bounties with Chinese characteristics Click Here

🎙️Davos, WWIII, Essential Books GoodFellows

 


IN OTHER NEWS


COMPLIANCE TOOLBOX

🔑 Cryptocurrency Regulation Tracker Atlantic Council

🔑 COMTRADE: Using Trade Data to Uncover Fraud and Smuggling OCCRP

🔑 2022 Rule of Law Index World Justice Project

🔑 Global Organized Crime Index Global Initiative Against Transnational Organized Crime

🔑 Anti-Corruption Helpdesk Transparency International

🔑 Flight Intelligence for Investigators Icarus Flights, C4ADS

🔑 Global Legislative Map: Violent Extremist and Terrorist-Related Online Content Global Internet Forum to Counter Terrorism

🔑 Basel AML Index Map Basel Institute on Governance

🔑 Scorched Earth: Using NASA Fire Data to Monitor War Zones Bellingcat

Office of Foreign Assets Control (OFAC)

Financial Crimes Enforcement Network (FinCEN)

State Department

Cybersecurity and Infrastructure Security Agency

Federal Reserve

Department of Justice

Commerce Department

Securities and Exchange Commission

Federal Bureau of Investigation

Office of the Comptroller of the Currency

Federal Trade Commission

Commodity Futures Trading Commission

HM Treasury

European Union

United Nations

Interpol

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