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☆ Bombing of herders highlights deadly air attacks by Nigerian military
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +19 min

The letter said the Nigerian Air Force is committed to human rights and “further deliberations” on the issue, according to the report. “The absence of details raises the question of whether the air force carried out the air strike based on mere suspicion,” Human Rights Watch said. The U.S. State Department and the Pentagon had no immediate comment about the airstrike or the U.S. relationship with the Nigerian Air Force. Before now, neither the Nigerian government nor the military had provided any public explanation for what happened on Jan. 24. ACLED data show Nigerian Air Force strikes continued to claim the lives of noncombatants, inside and outside the northeast.

Persons: Ibrahim Muazu, “, ACLED, D.D, Pwajok, ”, Sara Jacobs, herdsmen, Oladayo Amao, Amao, “ miscreants, Muhammadu Buhari, Bola Tinubu, Jan, Muazu, Lamido, Nigeria’s, Sanusi, Buhari, Rand Paul, Cory Booker, Rex Tillerson, Lai Mohammed, Jacobs, Jim Risch, Chris Smith, Antony Blinken, Biden, Risch, brazenly “, ” Abubakar Bello Rukubi, ” “, Yemi Osinbajo, cc’d, Samuel Ortom, herder, ” Muazu, Humeyra Pamuk, Daphne Psaledakis, Idrees Ali, Jarrett Renshaw, David Lewis, Reade Levinson, Simon Newman, Catherine Tai Design, Eve Watling, Julie Marquis, Alexandra Zavis Organizations: herder, Reuters, Air Force, Nigerian Air Force, Human Rights Watch, Air, Rights Watch, Ministry of Defence, Nigerian Air, House Foreign Affairs, ” Reuters, ACLED, Planet Labs PBC, U.S . State Department, Pentagon, ”, Muazu, Congress, San Frontieres, Republican, Punch, UK, Nigeria –, Systems, U.S, Super, International, Development, Rights Initiative, Benue State Livestock Guards, Human Rights, Daily Trust, Nigeria’s Locations: Nigerian, Nasarawa, Akwanaja, United States, U.S, Nigeria, California, Kano, Rann, Cameroonian, Zamfara, “, Benue, ” Benue, London, Makurdi, Naka, Washington, Philadelphia

☆ US slaps sanctions on Iranian, Chinese targets over Tehran's missile, military programs
▼ + stars: | 2023-06-06 | by ( Daphne Psaledakis | ) www.reuters.com time to read: +3 min

Iran's mission to the United Nations in New York and China's embassy in Washington did not immediately respond to requests for comment. China has been a major buyer of Iranian oil despite U.S. sanctions designed to choke off these exports. Washington targeted centrifuge sales to Parchin Chemical Industries (PCI), dual-use metals sales to its intermediary, P.B. Co., Ltd, which the Treasury accused of selling centrifuges and other equipment and services worth hundreds of thousands of dollars to PCI with P.B. Sadr and PCI, as well as the other companies, could not immediately be reached for comment.

Persons: Davoud Damghani, Brian Nelson, Sadr, Zhejiang Qingji, Daphne Psaledakis, Doina Chiacu, Susan Heavey, Arshad Mohammed, David Brunnstrom, Chizu Nomiyama, Mark Heinrich Our Organizations: . Treasury, Armed Forces Logistics, Terrorism, Financial Intelligence, United Nations, Parchin Chemical Industries, PCI, Zhejiang Qingji, P.B, Treasury, Hong, Hong Kong Ke.Do International Trade Co, Qingdao Zhongrongtong Trade, Co, Thomson Locations: United States, Iran, China, Hong Kong, Beijing, U.S, Washington, Tehran, New York, . Sadr, Zhejiang, Zhejiang Qingji Ind, Sadr, Qingdao

WASHINGTON, June 5 (Reuters) - The White House said on Monday recent dangerous encounters between U.S. and Chinese forces in the Taiwan Strait and South China Sea reflect a growing aggressiveness by Beijing's military that raises the risk of an error in which "somebody gets hurt." It also follows a May 26 incident in which a Chinese fighter jet carried out what the United States called an "unnecessarily aggressive" maneuver near an American military plane over the South China Sea in international airspace. "Sadly, this is just part of, again, a growing aggressiveness by the PRC (People's Republic of China) that we're dealing with, and we're prepared to address it," White House spokesperson John Kirby told reporters amid deteriorating ties between Washington and Beijing. In Beijing, Wang Wenbin, a Chinese foreign ministry spokesperson, said that "the measures taken by the Chinese military are completely reasonable, legitimate, and professional and safe." Kirby said the United States would continue to stand up for the freedom of navigation in the air and sea.

Persons: we're, John Kirby, Kirby, Wang Wenbin, Heck, it's, Vedant Patel, Joe Biden's, Biden, Patel, Chung, Hoon, Wang, Derek Grossman, Andrea Shalal, Daphne Psaledakis, Matt Spetalnick, Jasper Ward, Will Dunham Organizations: PRC, People's, American, U.S . State Department, Montreal, U.S . Navy, RAND Corporation, Thomson Locations: Taiwan Strait, South China, U.S, Taiwan, Ukraine, United States, American, South, People's Republic of China, Washington, Beijing, China, Canadian, Hainan, Jasper

☆ US imposes sanctions on companies tied to Sudan forces as fighting rages
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +6 min

[1/2] Smoke rises above buildings after an aerial bombardment, during clashes between the paramilitary Rapid Support Forces and the army in Khartoum North, Sudan, May 1, 2023. Sudan's army and the RSF did not immediately respond to requests for comment. Saudi Arabia and the U.S. said late on Thursday they were suspending the talks, a day after Sudan's army announced it was halting its participation. They target Sudan's largest defence enterprise, Defence Industries System, which the Treasury said generates an estimated $2 billion in revenue and manufactures arms and other equipment for Sudan's army. The companies, all key to the business and procurement activities of both forces, could not immediately be reached for comment.

Persons: Mohamed Nureldin Abdallah, Nadir Ahmed, Joe Biden, Mohamed Hamdan Dagalo, Antony Blinken, Omar al, Bashir, El, Cindy McCain, Cameron Hudson, Hudson, Khalid Abdelaziz, Tala, Nafisa Eltahir, Simon Lewis, Rami Ayyub, Daphne Psaledakis, Gladwys, Aidan Lewis, Christina Fincher, Andrew Heavens Organizations: Rapid Support Forces, REUTERS, Darfur Saudi, U.S . Treasury Department, Residents, U.S, Defence Industries System, Treasury, Technology, United Nations, Food, Army, Centre, Strategic, International Studies, United Arab Emirates, Thomson Locations: Khartoum North, Sudan, Khartoum, Darfur, Jeddah, KHARTOUM, WASHINGTON, United States, U.S, Nile, Omdurman, Bahri, Thawra, Saudi Arabia, Washington, El, Zalingei, Port Sudan, El Obeid, Russia, Dubai, Nafisa, Cairo, Oslo

☆ US questions Sudan parties' commitment to truce as clashes continue
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +4 min

[1/2] Smoke rises above buildings after an aerial bombardment, during clashes between the paramilitary Rapid Support Forces and the army in Khartoum North, Sudan, May 1, 2023. In El Obeid, a regional hub to the southwest of Khartoum that has seen clashes, the World Food Programme said food and assets were being looted. REGIONAL CLASHESOutside Khartoum, clashes have flared in major cities in the western region of Darfur. The calm Red Sea coast city Port Sudan has served as a base for the United Nations, aid groups, and diplomats as well as some government officials. "The army is carrying out strict security procedures in the city, in particular at night," said resident Salah Mohamed.

Persons: Mohamed Nureldin Abdallah, El, Cindy McCain, Nadir Ahmed, Salah Mohamed, Khalid Abdelaziz, Tala, Nafisa Eltahir, Daphne Psaledakis, Aidan Lewis, Christina Fincher Organizations: Rapid Support Forces, REUTERS, U.S, Food, U.S . State Department, UN, United Nations, Thomson Locations: Khartoum North, Sudan, KHARTOUM, Washington, Khartoum, Saudi Arabia, United States, El Obeid, Saudi, Jeddah, U.S, Bahri, Omdurman, Thawra, Darfur, El, Zalingei, Port Sudan, Dubai, Nafisa, Cairo

☆ US seeks to curb investment in Chinese chips, AI and quantum computing
▼ + stars: | 2023-05-31 | by ( Karen Freifeld | ) www.reuters.com time to read: +2 min

WASHINGTON, May 31 (Reuters) - New rules under consideration would restrict the flow of U.S. investments and know-how into Chinese companies working on advanced semiconductors, artificial intelligence and quantum computing, a U.S. Treasury official said on Wednesday. Reuters reported in February that the Biden administration plans to ban investments in some Chinese technology companies and increase scrutiny of others, three sources said, as part of its plan to crack down on the billions that American firms have poured into sensitive Chinese sectors. China hawks in Washington blame U.S. investors for transferring capital and valuable know-how to Chinese tech companies that could help advance Beijing's military. Separately, Republican Senator Bill Hagerty asked about efforts to restrict the supply of U.S. origin goods to Chinese telecommunications company Huawei. Reporting by David Shepardson and Daphne Psaledakis in Washington, and Karen Freifeld in New York; Writing by Chris Sanders; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Paul Rosen, Biden, Bill Hagerty, Thea Rozman Kendler, Kendler, David Shepardson, Daphne Psaledakis, Karen Freifeld, Chris Sanders, Daniel Wallis Organizations: Treasury, Reuters, Republican, Huawei, Exports, Commerce, Thomson Locations: U.S, China, Washington, New York

☆ US slaps sanctions on Chinese, Mexican entities in fentanyl action
▼ + stars: | 2023-05-30 | by ( Daphne Psaledakis | ) www.reuters.com time to read: +3 min

The Treasury Department said it slapped sanctions on seven entities and six people based in China, as well as one business and three people based in Mexico. "Counterfeit pills laced with fentanyl constitute a leading cause of these deaths, devastating thousands of American families each year. We remain committed to using all authorities against enablers of illicit drug production to disrupt this deadly global production and counter the threat posed by these drugs." The Biden administration has been pushing for action as U.S. drug-related overdose deaths surpassed 100,000 in 2021, according to government estimates. Reporting by Daphne Psaledakis, Doina Chiacu and David Brunnstrom; Editing by Sharon Singleton and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Biden, Brian Nelson, Liu Pengyu, Washington, brazenly, Liu, Daphne Psaledakis, Doina Chiacu, David Brunnstrom, Sharon Singleton, Jamie Freed Organizations: Treasury Department, Terrorism, Financial, U.S . Centers for Disease Control, Prevention, Washington, Reuters, Treasury, Thomson Locations: United States, China, Mexico, Beijing

WASHINGTON, May 30 (Reuters) - Neither Russia nor Ukraine committed to respect five principles laid out by International Atomic Energy Agency (IAEA) chief Rafael Grossi on Tuesday to try to safeguard Ukraine's Russian-occupied Zaporizhzhia nuclear power plant. Grossi, who spoke at the U.N. Security Council, has tried for months to craft an agreement to reduce the risk of a catastrophic nuclear accident from military activity like shelling at Europe's biggest nuclear power plant. "Mr. Grossi's proposals to ensure the security of the Zaporizhzhia nuclear power plant are in line with the measures that we've already been implementing for a long time," Russia's U.N. Western powers accused Russia, whose forces invaded Ukraine in February 2022, of putting Zaporizhzhia at risk, with the United States demanding that Russia remove its weapons and civil and military personnel from the plant. Russia denies that it has military personnel at the power plant and it describes the war, which has killed thousands and reduced cities to rubble, as a "special military operation" to "denazify" Ukraine and protect Russian speakers.

Persons: Rafael Grossi, Grossi, Vassily Nebenzia, Sergiy Kyslytsya, Linda Thomas, Greenfield, Daphne Psaledakis, Arshad Mohammed, Grant McCool Organizations: International Atomic Energy Agency, IAEA, Ukraine's, . Security, U.S, Thomson Locations: Russia, Ukraine, Zaporizhzhia, United States, Moscow

WASHINGTON, May 28 (Reuters) - U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote. The deal, if approved, will prevent the U.S. government from defaulting on its debt and comes after weeks of heated negotiations between Biden and House Republicans. "I strongly urge both chambers to pass that agreement," Biden said, adding that he expected McCarthy to have the necessary votes for the deal to pass. The deal has drawn fire from hardline Republicans and progressive Democrats, but Biden and McCarthy are banking on getting enough votes from both sides. McCarthy dismissed threats of opposition within his own party, saying "over 95%" of House Republicans were "overwhelmingly excited" about the deal.

WASHINGTON, May 28 (Reuters) - U.S. President Joe Biden said on Sunday he had finalized a budget agreement with U.S. House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling and that the deal was ready to move to Congress for a vote. "I strongly urge both chambers to pass that agreement," Biden said, adding that he expected McCarthy to have the necessary votes for the deal to pass. The deal has drawn fire from hardline Republicans and progressive Democrats, but Biden and McCarthy believe they have enough votes from moderates on both sides. [1/2] U.S. President Joe Biden speaks on his deal with House Speaker Kevin McCarthy (R-CA) to raise the United States' debt ceiling at the White House in Washington, U.S., May 28, 2023. But McCarthy dismissed threats of opposition within his own party, saying "over 95%" of House Republicans were "overwhelmingly excited" about the deal.

☆ US says Russia's Wagner Group seeking to transit material acquisitions through Mali
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +1 min

Wagner is willing to use false paperwork for such transactions, State Department spokesperson Matthew Miller told reporters at a regular news briefing. "There are indications that Wagner has been attempting to purchase military systems from foreign suppliers and route these weapons through Mali as a third party," Miller said. Miller said Washington has imposed sanctions on a number of people and entities that support Wagner's military operations, and said the United States would have more to share soon. Wagner mercenaries have fought alongside regular Russian troops in Ukraine, including in some of the most intense battles such as the ongoing fight for control of Bakhmut. Western countries have raised concerns over Wagner's activities in Mali since late 2021.

G7 leaders are gathering in Hiroshima on Friday with the invasion of Ukraine, now in its second year, high on the agenda. The U.S. has spearheaded tough sanctions on Russian companies, banks and individuals, and the coming announcement is designed to reaffirm world powers' resolve to support Ukraine and squeeze Moscow. "Our commitment to continue tightening the screws on Russia remains as strong as it was last year," the official said. The United States and its allies, including the European Union and Britain, have continued to ratchet up sanctions and export-control pressure on Russia since the invasion of Ukraine began in February 2022. Thousands of targets hit with sanctions by Washington so far have included Russian President Vladimir Putin, the financial sector and oligarchs.

☆ The Loneliness, and Danger, of Being a Young Woman in a New City
▼ + stars: | 2023-05-15 | by ( Jenny Wu | ) www.nytimes.com time to read: +2 min

It is also a window, onto the city’s antiwork culture, eclectic individualism and architectural sediments. Daphne’s eating disorder ornaments the 20-something’s “joyfully misspent” time abroad the way Hemingway’s hunger enhanced his visits to the art museum. But unlike Hemingway, Daphne must contend with the dangers of being a young woman living alone in a new city. “Berlin” shines when we leave Daphne’s head long enough to observe the humorous and tender behaviors of those around her. A look inside her mind reveals the force of danger thinly veiled behind the romantic glow of youth.

☆ They've been beaten, trolled, threatened with sexual violence but refuse to be silenced
▼ + stars: | 2023-05-03 | by ( Adie Vanessa Offiong | ) edition.cnn.com time to read: +9 min

Ixchíu Hernández had already been the victim of years of online threats -- attempts to humiliate and silence her. Published in April 2021, it reveals: "Online attacks on women journalists appear to be increasing significantly, as this study demonstrates, particularly in the context of the 'shadow pandemic' of violence against women during COVID-19. "Online violence against women journalists is designed to: belittle, humiliate, and shame; induce fear, silence, and retreat; discredit them professionally, undermining accountability journalism and trust in facts; and chill their active participation...in public debate. Ricchiardi-Folwell explains that because of the often-sexualized nature of the attacks, women remain silent about their harassment, which leads them to believe they are alone. Editor's note: This story was originally published in 2021 and updated to reference the latest report by UNESCO.

journalist Austin Tice, reacts after a news conference in Beirut, Lebanon December 4, 2018. Austin Tice, a former U.S. Marine and a freelance journalist, was kidnapped in August 2012 while reporting in Damascus on the uprising against Syrian President Bashar al-Assad. President Joe Biden last year said Washington knows "with certainty" that Tice has at times been held by the Syrian government. "We’re extensively engaged with regard to Austin – engaged with Syria, engaged with third countries – seeking to find a way to get him home. The Wall Street Journal on Wednesday reported that the Biden administration has renewed direct talks with Syria over Tice's case and those of other Americans, citing Middle East officials familiar with the efforts.

☆ US to dedicate specially trained asylum officers to centers in Guatemala, Colombia
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, April 27 (Reuters) - The United States will dedicate specially trained asylum officers to new refugee centers in Guatemala and Colombia, Department of Homeland Security Secretary Alejandro Mayorkas told reporters on Thursday as Washington seeks to create new lawful pathways for migrants. The announcement was part of a series of actions rolled out by President Joe Biden's administration on Thursday to address a possible increase in illegal immigration when COVID-19 border restrictions in place since 2020 are expected to end on May 11. "Our border is not open and will not be open after May 11," Mayorkas said. Reporting by Ted Hesson, Kanishka Singh and Daphne PsaledakisOur Standards: The Thomson Reuters Trust Principles.

☆ Media Freedom Faces Threats Even in EU, Says Press Group
▼ + stars: | 2023-04-26 | by ( Daniel Michaels | ) www.wsj.com time to read: 1 min

People demonstrated in Valletta, Malta, in 2019 over the killing of Maltese journalist Daphne Caruana Galizia two years earlier. Photo: Guglielmo Mangiapane/REUTERSBRUSSELS—The European Union, among the world’s strongest proponents of media freedom, isn’t doing enough to protect reporters within its own borders, according to the Committee to Protect Journalists, an international advocacy group. The group, in a new report, identifies growing restrictions on media across the 27-country bloc and spotlights the murders of Maltese journalist Daphne Caruana Galizia in 2017 and of Slovak journalist Jan Kuciak in 2018, both of whose killings were linked to their work.

☆ US deploying disaster-response team for Sudan
▼ + stars: | 2023-04-23 | by ( Daphne Psaledakis | ) www.reuters.com time to read: +2 min

WASHINGTON, April 23 (Reuters) - The U.S. Agency for International Development (USAID) has deployed a team of disaster response experts for Sudan in the region to coordinate the humanitarian response as fighting rocks the country, USAID head Samantha Power said on Sunday. In a statement, Power said the Disaster Assistance Response Team will operate out of Kenya for the initial phase, adding that the experts are working with the international community and partners to identify priority needs and safely deliver humanitarian assistance. "The United States is mobilizing to ramp up assistance to the people of Sudan ensnared between the warring factions," Power said. "Fighting between the Sudanese Armed Forces and the Rapid Support Forces in Sudan has claimed hundreds of lives, injured thousands, and yet again dashed the democratic aspirations of the Sudanese people. "All of this suffering compounds an already dire situation – one-third of Sudan’s population, nearly 16 million people, already needed humanitarian assistance to meet basic human needs before this outbreak of violence."

☆ US and France evacuate diplomats from Sudan as battles rage on
▼ + stars: | 2023-04-23 | by ( Khalid Abdelaziz | ) www.reuters.com time to read: +5 min

"The belligerent parties must implement an immediate and unconditional ceasefire, allow unhindered humanitarian access, and respect the will of the people of Sudan," Biden said in a statement. It pits Sudan's army against the paramilitary Rapid Support Forces (RSF), who jointly staged a coup in 2021 but fell out during negotiations over a plan to form a civilian government and integrate the RSF into the armed forces. Saudi Arabia has already evacuated Gulf citizens from Port Sudan on the Red Sea, 650 km (400 miles) from Khartoum. Egypt, which has more than 10,000 citizens in Sudan, urged its nationals outside Khartoum to head to its consulate in Port Sudan, and to a consular office in Wadi Halfa on the border with Egypt, in preparation for their evacuation. It encouraged those in Khartoum to shelter in place and wait for the situation to improve.

WASHINGTON, April 23 (Reuters) - All U.S. government personnel were evacuated from Washington's embassy in Khartoum, as well as a small number of diplomatic personnel from other countries, U.S. officials said on Saturday, as fighting rocks Sudan. The operation evacuated fewer than 100 people, the officials told reporters. "We evacuated all of the U.S. personnel and dependents assigned to Embassy Khartoum," said Under Secretary of State for Management John Bass. A substantial number of local staff remain in Khartoum supporting the embassy, where Washington decided to suspend operations on Saturday due to the security risks, Bass said. U.S. forces spent just an hour on the ground in Sudan before taking off again, entering and exiting Sudan without being fired upon by the warring factions on the ground, the military said.

Hundreds have died so far and a nation reliant on food aid has been tipped into what the United Nations calls a humanitarian catastrophe. Washington has said that private American citizens in Sudan should have no expectation of a U.S. government-coordinated evacuation from the country. UN WORKS TO EXTRACT STAFFOther countries and the United Nations are also looking at how they can evacuate citizens and employees. The U.N. has about 4,000 staff in Sudan, of which 800 are international staff. Switzerland said on Friday it was examining ways to evacuate nationals from Sudan, and Sweden said it will evacuate embassy staff and families as soon as possible.

☆ U.S. imposes sanctions on Chinese companies in action over fentanyl
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +2 min

The Treasury said it also designated five people based in China and Guatemala in the action targeting fentanyl production. "Illicit fentanyl is responsible for the deaths of tens of thousands of Americans each year," the Treasury's under secretary for terrorism and financial intelligence, Brian Nelson, said in the statement. The Treasury in the statement said it slapped sanctions on China-based chemical companies Wuhan Shuokang Biological Technology Co Ltd and Suzhou Xiaoli Pharmatech Co Ltd, as well as four Chinese nationals. Also targeted was a Guatemala-based broker of fentanyl precursor chemicals, who the Treasury said buys fentanyl precursor on behalf of Mexico-based drug traffickers. Mexico and the United States on Thursday agreed to ramp up the fight against fentanyl trafficking.

The sanctions, imposed by the Treasury and State departments in concert with Britain, hit entities and individuals across over 20 countries and jurisdictions, including facilitators of sanctions evasion, the State Department said in a statement. Separately, the Treasury said it imposed sanctions on Russian financial facilitators and sanctions evaders around the world, including Turkey, United Arab Emirates and China-based people and companies. The Treasury also targeted King-Pai Technology HK Co, Ltd, which it said is a China-based supplier for multiple entities in Russia's military-industrial complex. Washington has not yet imposed sanctions on Rosatom itself. "It will always be a race between sanctions enforcement and sanctions evaders.

☆ Russia violating international law by not allowing consular access to WSJ reporter -U.S. State Dept
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, April 10 (Reuters) - Russia has not granted U.S. consular officials access to Wall Street Journal reporter Evan Gershkovich since he was detained late last month and is in violation of international law, State Department deputy spokesperson Vedant Patel said on Monday. "At this point it is a violation of Russia's obligations under our consular convention and a violation against international law," Patel said. "We have stressed the need for the Russian government to provide this access as soon as possible," Patel added. The United States has called for Russia to release Gershkovich and dismissed claims of espionage as ridiculous. Reporting by Daphne Psaledakis and Simon Lewis; Editing by Chris Reese and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. says decentralized finance services being used for illicit transfers
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, April 6 (Reuters) - North Korea, cybercriminals, ransomware attackers, thieves and scammers are using decentralized finance (DeFi) services to transfer and launder their illicit proceeds, the U.S. Treasury Department warned on Thursday. In a new illicit finance risk assessment on decentralized finance, the Treasury found that illicit actors are exploiting vulnerabilities in U.S. and foreign anti-money laundering and combating the financing of terrorism (AML/CFT) regulation and enforcement as well the technology underpinning the services. DeFi services that fail to comply with these obligations to prevent money laundering and terrorism financing pose the most significant illicit finance risk in this domain, the assessment found. "Our assessment finds that illicit actors, including criminals, scammers, and North Korean cyber actors are using DeFi services in the process of laundering illicit funds," the Treasury's Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, said in the statement. Nelson added that the private sector should use the findings of the assessment to inform their risk mitigation strategies and to take steps to prevent illicit actors from using decentralized finance services.

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