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U.s. Sanctions

4 GoKawiil briefs on this topic

Huawei's criminal racketeering trial opens in New York with jury selection

Jury selection begins in a long-running federal case against Huawei Technologies, which faces charges including wire and bank fraud, trade secret theft, and violating U.S. sanctions on North Korea. Prosecutors also allege Huawei equipment helped Iran surveil protesters during 2009 demonstrations. Huawei has called the government's case 'demonstrably false' and previously sought to have it dismissed as vague and overreaching.

Bitcoin Rallies as Treasury Buybacks and U.S. Sanctions Renew Dollar Concerns

Bitcoin's price climbed this week alongside growing attention to U.S. Treasury debt buyback programs and an expansion of American sanctions policy. Investors appear to be reacting to signs of strain within the dollar-based financial system, pushing more capital toward crypto as a hedge.

Taiwan indicts nine over alleged AI server smuggling scheme

Taiwanese prosecutors have charged nine individuals in connection with an alleged scheme to illegally smuggle AI servers, according to reporting on the case. The same roundup notes the U.S. has sanctioned suspected Iranian hackers on what officials called 'economic D-Day,' and Alabama has issued a subpoena to OpenAI over a cyberattack tied to its systems.

Iranian rial hits record low amid new U.S. sanctions push

Iran's national currency fell to its weakest level ever on Monday, coinciding with Washington's preparations to unveil additional sanctions targeting the country's economy. Officials said the new measures are designed to intensify pressure on an economy already weakened by existing sanctions and a U.S. naval blockade.