Tag: economic warfare
4 articles
US Sanctions Chinese Marketplace Xinbi Guarantee Over $24bn in Illicit Transactions
The US Treasury is cracking down on overseas scammers, sanctioning Chinese marketplace Xinbi Guarantee for facilitating over $24 billion in illicit transactions, and taking aim at two key service providers that helped it operate. This move is part of a broader effort to dismantle criminal enterprises that steal billions from American victims each year.
US Targets Iran-Linked Hackers in Sanctions Crackdown
The US is launching a fierce economic crackdown on Iran, targeting nearly 60 entities, individuals, and vessels linked to the country's nuclear, missile, oil, and cyber networks. Secretary of the Treasury Scott Bessent vows to cut off every financial lifeline sustaining the regime, leaving Tehran isolated.
US Treasury Targets Iranian Hackers in Cyber Sanctions Push
The US Treasury Department has launched a bold crackdown on Iranian hackers, designating four individuals for sanctions for their alleged roles in targeting critical US infrastructure and stealing sensitive information. This economic onslaught aims to disrupt Iran's global financial connections and hold its malicious cyber actors accountable.
Australia's Financial Data Sits Unconnected to National Security
Russia's cunning tactics have allowed them to sustain oil exports despite sanctions, leveraging a shadow fleet of ageing tankers and layers of shell ownership to conceal their operations. This evasive strategy is just one example of a broader pattern where competitors obscure the source of their money and exploit economic interdependencies to gain leverage.