Crypto News

OBON Corp. linked to Nvidia chip smuggling scheme that allegedly funneled $2.5B in AI servers to Alibaba

US prosecutors allege Bangkok-based OBON Corp. helped smuggle $2.5B in restricted Nvidia AI servers to China, including Alibaba, violating export controls.

US Treasury warns foreign financial institutions of sanctions risks linked to Iran and China

The US Treasury's warning may deter global banks from engaging with Iran, potentially isolating Iran further and impacting international trade dynamics. The post US Treasury warns foreign financial institutions of sanctions risks linked to Iran and China appeared first on Crypto Briefing.