Sanctions

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U.S. authorities seize $15 billion in Bitcoin from Cambodian crypto scam, showing agents with evidence and wanted poster in a DOJ setting.

U.S. seizes $15 billion in bitcoin from Cambodian crypto scam

Reported by AI Image generated by AI

Federal prosecutors have charged Chen Zhi, chairman of Cambodia's Prince Holding Group, with wire fraud and money laundering in a global cryptocurrency scam that exploited forced labor. The U.S. government seized bitcoin worth approximately $15 billion, marking the largest forfeiture action in Department of Justice history. Chen remains at large, facing up to 40 years in prison if convicted.

Russia surpasses UK as Europe's top crypto adopter

Chris Blake

Russia has overtaken the United Kingdom to become Europe's leading country in cryptocurrency adoption, driven by efforts to evade Western sanctions and hedge against inflation following the invasion of Ukraine. According to Chainalysis data, the country received $379 billion in crypto inflows from July 2024 to June 2025, a 48% year-over-year increase. DeFi activity in Russia has grown three-and-a-half times since mid-2023.

EU Discusses New Sanctions Regime

Reported by AI

The European Commission proposes a new sanctions regime targeting organized crime and foreign threats. This follows recent security incidents. Member states will vote on the proposal soon.

Colombian Interior Minister Armando Benedetti confirms credit card cancellation due to Clinton List, with President Petro in the background, illustrating political tensions.

Benedetti confirms credit card cancellation over Clinton list

Carlos Ramírez Image generated by AI

Three days after entering the Clinton List, Colombia's Interior Minister Armando Benedetti confirmed the cancellation of one of his credit cards. President Gustavo Petro questioned national banks for allegedly obeying US laws over Colombian ones. The list inclusion impacts Petro, his family, and Benedetti, sparking financial and political tensions.

Russian drone attack kills three in Kyiv; dozens injured

Petra Hartmann Fact checked

A Russian drone strike on Kyiv killed three people and injured 31, including six children, according to Reuters. President Volodymyr Zelensky urged tougher sanctions against Russia following the overnight assault, which hit residential areas and sparked fires as Ukrainian defenses downed most of the incoming drones. ([reuters.com](https://www.reuters.com/world/four-children-among-14-injured-russias-air-attack-kyiv-ukraine-says-2025-10-26/))

Swedish SKF products revealed in Russian war industry

Reported by AI

An investigation by Aftonbladet and SVT reveals that products from Swedish ball bearing maker SKF have ended up in Russia's war industry worth hundreds of millions of kronor despite sanctions. SKF states they comply with all rules but take the issue very seriously. The probe points to deliveries since 2022.

U.S. officials at a press conference announcing further sanctions on Russian oil giants, with charts showing rising oil prices and maps of Russia and Ukraine, urging European action.

U.S. readies further Russia sanctions after hitting Lukoil and Rosneft, presses Europe to act

Petra Hartmann Image generated by AI Fact checked

The Trump administration has prepared additional sanctions targeting Russia’s economy if President Vladimir Putin continues to stall on ending the war in Ukraine. The planning follows Wednesday’s sanctions on oil giants Lukoil and Rosneft, which helped push global oil prices higher, and comes as Washington urges European allies to intensify pressure on Moscow before escalating further.

Eu seeks stronger action against russia's shadow fleet

The European Union plans stronger measures against Russia's shadow fleet of oil tankers evading sanctions. Eu foreign policy chief Kaja Kallas calls for formalized cooperation with the flag states of these vessels. This aims to further curb Russia's oil trade revenues.

UN Security Council imposes sanctions on Iran

The United Nations Security Council has voted to impose new sanctions on Iran over its nuclear program. The resolution passed with strong support amid concerns about uranium enrichment levels. This marks a significant escalation in international pressure on Tehran.

Gustavo Petro's inclusion in Clinton List sparks legitimacy crisis

Carlos Ramírez

President Gustavo Petro was added to the US Treasury's Clinton List, freezing any assets under US jurisdiction and barring transactions with American citizens or companies. The measure also impacts his wife, son, and Interior Minister, marking the first time a Colombian president appears on the list. Experts note that his pension and Ecopetrol remain unaffected, though questions arise over managing his personal finances.

SKF products in Russia are counterfeits according to company's experts

Reported by AI

According to SKF's own experts, products sold in Russia are counterfeit versions of the company's original parts. Police are investigating whether large volumes indicate negligence on SKF's part. Prime Minister Ulf Kristersson welcomes the scrutiny as important.

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