Daily Archives: March 8, 2022

Russian ‘Tanks’ Outside Kyiv Are Probably Not What You Think They Are – The Federalist

Posted: March 8, 2022 at 11:02 pm

One of the most consistently fun, annoying, and frustrating things about being a retired military intelligence officer is how frequently random military vehicles get called tanks. Look, I know, tanks are kind of cool, I get it; I spent a lot of time in them in my career, starting with this vintage M60A1 at Ft. Bliss, Texas. But not everything painted with camouflage that can move is a main battle tank.

So, what are we seeing north of Kyiv that the media has been fixated on for the last several days? What does it mean? Is it a harbinger of the expected siege and fall of Kyiv 1,000 tanks and artillery pieces? Or is it something else?

You can tell much about the point of view of the reporter covering this column of vehicles by the degree of alarm accorded it. But the satellite photos, called overhead imagery by intelligence fossils like myself, released by Maxar Technologies show mostly trucks with some local security.

That theyve been on the road now for as long as four days tells a lot about the operation they are supporting, the terrain, and the leadership and training of the force.

When an intelligence officer regards the terrain on which he is to provide advice to his commander, he conducts a thorough analysis, looking that the size and quality of roads, the capabilities of bridges, chokepoints, and the corridors in which combat vehicles can tactically maneuver.

The roughly 80-mile route from the Belarus-Ukraine border from the Chernobyl salient to Kyiv on the western side of the Dnieper River runs over a secondary asphalt road. This road frequently crosses rivers, runs through small villages, or is bordered on both sides by the eastern extent of the mighty Pripyat Marsh the geographical feature which defines the border between Ukraine and Belarus.

The road is not able to support a large military force, even if unopposed in an exercise, especially during the spring and fall months during a time the locals call Rasputitsa the mud season. Unfortunately for Russian President Vladimir Putin and his military commanders, Ukrainian soil never froze solid this winter, so the fall Rasputitsa is still a factor.

This is why there have been so many photos coming out from the conflict that show all manner of Russian military vehicles bogged down in the mud. As soon as a vehicle on a narrow road becomes disabled or is destroyed in combat, or as the vehicles maneuver off-road in response to combat, they risk becoming mired. Even if they dont get stuck in the mud, they end up consuming far more fuel that must be delivered to them than they would were the ground frozen solid.

Thus, that 40-mile-long column of tanks is more likely mostly trucks carrying fuel, ammunition, and food to the advanced forces of the Russian 20th Combined Arms Army on the outskirts of Kyiv. That this column hasnt apparently moved much may mean that the Russian forces just north of Kyiv are running low on basic supplies.

This greatly increases the importance for the Russian army to achieve success to the east of Kyiv where the road network is far more developed and, if the terrain is captured and secured, capable of bringing in the volume of supplies needed to properly surround Kyiv and place it under siege.

In the meantime, the forces near Kyiv may be vulnerable to a Ukrainian counterattack. While some of the Russian conscript soldiers and even the veteran contract troops may be more likely to surrender due to low morale exacerbated by a lack of food and fuel.

Chuck DeVore is vice president of national initiatives at the Texas Public Policy Foundation, a former California legislator, special assistant for foreign affairs in the Reagan-era Pentagon, and a lieutenant colonel in the U.S. Army (retired) Reserve. He's the author of two books, "The Texas Model: Prosperity in the Lone Star State and Lessons for America," and "China Attacks," a novel.

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If The West Won’t Stop Putin By Force, It Should Help Negotiate Peace – The Federalist

Posted: at 11:02 pm

As the Russian invasion of Ukraine stretches into its second week, and Moscows tactics shift to the direct targeting of urban centers and civilian populations, the United States and our European allies are facing tough questions about how much assistance to give the Ukrainians without becoming belligerents or being considered belligerents by Russia and thus widening the war.

As I write, Russian forces are laying siege to cities across Ukraine, contesting vital ports, and targeting civilians and critical infrastructure. The bombardment of Kharkiv, Ukraines second-largest city, has left at least dozens dead and hundreds more injured. Russian troops are now in control of Kherson, a major city in the south. The southern port city of Mariupol has been encircled, and the Russian attack there has cut power, water, and heat. Kyiv is under attack, and there are reports that Russia is preparing a major amphibious assault on Odessa.

Meanwhile, our leaders appear to be living in a fantasyland where their expressions of solidarity with Ukraine mean something tangible. Economic sanctions, the banning of Russian products from store shelves, the exclusion of Russian cats from cat shows, and theseizure of mega-yachts owned by Russian oligarchs, among other weak and inchoate responses from the West,are not going to stop Russian artillery and missiles from reducing Ukrainian cities to rubble in the coming days and weeks. The Ukrainians have fought bravely and inspired the world with their valor, but a new phase of the war is beginning, and Western leaders need to think seriously about whats coming, and how this will end.

To stop the Russian invasion, the Ukrainians need more from the West than economic sanctions and bans on Russian products. They need heavy weapons, munitions, air support, and real-time intelligence from Western powers, and they need these thingsright now. The NATO allies understand this, on some level, and are pouring weapons into Ukraine rocket launchers, Javelin antitank missiles, Stinger surface-to-air missiles, along with machine guns, sniper rifles, and ammunition.

But they arenot sending military aircraft, and they are not sending troops. The United States will not even impose sanctions on Russian oil or entertain the idea of ramping up domestic oil production to offset Russian imports. A White House flack told reporters aboard Air Force One this week: We dont have a strategic interest in reducing the global supply of energy. So thats that.

The West, it seems, is trying to go right up to the line of belligerence without crossing it. Helping Ukraine, but not helping too much. For example, it appears that the U.S. issharing some targeting intelligencewith Ukraine but not real-time targeting of the kind that would enable Ukraine to take out individual Russian units.

Rep. Adam Smith, D-Wash., chair of the House Armed Services Committee, who said Thursday morning on MSNBC that we are providing some intelligence to Ukraine, also said that real-time targeting would cross a line to marking us participating in the war. Hours later, White House Press Secretary Jen Psaki implied that we were not giving any targeting intelligence to Ukraine, whichprompted pushbackfrom Sen. Marco Rubio, R-Fla., who called Psakis comments truthy and that they do not capture the full reality.

Most likely, we are indeed providing targeting intelligence to Ukraine, but giving them the information only after a delay, so Russia cannot accuse us of assisting in the direct targeting of their forces.

Thats just one example of the needle Western powers are trying to thread. As the war goes on, and the fighting intensifies in and around Ukraines urban centers, the eye of that needle, so to speak, will get smaller and smaller. That means our leaders need to get serious about what they are prepared to do, and not do, in the defense of Ukraine. And they need to be clear with Ukraine and Russia about their intentions.

Right now, there is a galling lack of seriousness and clarity among them. On Thursday, Sen. Lindsey Graham, R-S.C., took to Twitter to call for the assassination of Russian President Vladimir Putin, as if thats a realistic option to end the crisis and avert catastrophe in Ukraine.

His comment follows other reckless comments in recent days from U.S. lawmakers and former generals calling for NATO to impose a no-fly zone over Ukraine. A no-fly zone would mean NATO warplanes shooting down Russian warplanes. It would mean open war with Russia. Thats precisely what some neocons in Washington want,for reasons of their own, but its not something the vast majority of Americans want.

Here is the hard truth: If the West is not going to send warplanes and troops, if we are not going to stop Russias invasion of Ukraine by force of arms, and by our inaction allow the bombardment of Ukrainian cities to proceed, then we need to be honest with the Ukrainians about that. We owe it to them to give them a realistic picture of what they can expect from us, and what they cannot expect. Indeed, we owe them a great deal more, but we at least owe them that.

Ukrainian President Volodymyr Zelenskyy is understandably trying to get NATO involved in the war. He is doing what any leader should do in his position, and he will likely go down in history for his courage and bravery in the face of the enemy. But if there is an off-ramp that might prevent what now appears to be the inevitable reduction of Ukraine to rubble, then Western leaders should not block it with bellicose talk and weak half-measures. We have had quite enough of both. Indeed, there wereopportunities for the West to prevent this war, to persuade Moscow and Kyiv to negotiate a settlement, going back years. But in our fecklessness, we chose not to and instead kept talking tough and hoping for the best.

Now that Russia has entered this new phase of the war, the worst thing we could do for the Ukrainians would be to give them false hope as Russian forces close in, and then do nothing while their cities burn. If we will not do whats necessary to stop Russia by force, then we should do what we can, right now, to broker a negotiated peace.

John Daniel Davidson is a senior editor at The Federalist. His writing has appeared in the Wall Street Journal, the Claremont Review of Books, The New York Post, and elsewhere. Follow him on Twitter, @johnddavidson.

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If The West Won't Stop Putin By Force, It Should Help Negotiate Peace - The Federalist

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Democrats Torpedo Legislation Aimed To Reclaim Energy Independence – The Federalist

Posted: at 11:02 pm

House Democrats shot down legislation to reclaim energy independence on Tuesday hours before President Joe Biden offered a rallying cry for his administrations climate agenda.

The American Energy Independence from Russia Act introduced by the House Energy and Commerce Committees ranking member Cathy McMorris Rodgers, R-Wash., was rejected primarily along partisan lines 221 to 202. Florida Republican Rep. Matt Gaetz was the sole member of the lower chamber to cross the aisle, joining Democrats in opposition with objections over new leases along his states coast.

America, not Russia, is the worlds number one energy producer, Rodgers said on the House floor advocating for her legislation. We should act like it and lead. President Biden must restore American energy dominance and use energy resources to help Ukraine and Europe fight back.

The bills partisan failure comes less than a week after Russia, a global energy producer supplying more than 10 percent of the worlds oil, launched its assault on Ukraine. Last year, the United States doubled its imports of Russian crude and took in more than 400,000 barrels on average daily in December, the last month for which data is available from the Energy Information Administration.

Oil and gas revenues, meanwhile, fund Moscows war machine as Russias largest exports, allowing President Vladimir Putin to weaponize his countrys monopoly on Western energy. Last year, Russia generated $119 billion from its energy resources, according toreportingby Reuters citing Russias Finance Ministry.

The United States is forecast by the Energy Department to remain a net importer of oil under Biden as the White House works to suppress domestic production in the name of climate change. Biden reiterated his commitment to phase out fossil fuels with unreliable forms of renewable energy in his prime-time address to Congress on Tuesday night despite driving energy costs to seven-year highs.

The enthusiastic forfeiture of American energy independence has removed a key economic lever to sanction Russia for its unprovoked invasion of Ukraine, which has led to a humanitarian crisis as hundreds of thousands of displaced refugees have fled the violence.

Tuesdays failed legislation sought to counter Russias energy influence and Ukrainian aggression by unleashing American production to lower oil prices and displace Russian imports. The bill reauthorized the Keystone XL Pipeline axed by Biden on his first day in office, which transported more than double the oil imported from Russia in December. The legislation also mandated the resumption of leases for oil and gas drilling on federal land. Biden quietly paused leases again last month through a legal maneuver, contesting rules governing the social cost of carbon calculations.

If it had passed, the Republican bill also would have required the administration to release a plan on energy security within 30 days and replace oil reserves withdrawn from the emergency stockpile. On Tuesday, Biden announced the U.S. would tap 30 million of its 590 million barrels of strategic petroleum reserves maintained for emergencies. The reserves are authorized to hold up to 714 million barrels.

In November, Biden ordered the release of 60 million barrels ahead of the Thanksgiving holiday, which is about three days worth of daily oil consumption, according to the Energy Information Administration.

Tristan Justice is the western correspondent for The Federalist. He has also written for The Washington Examiner and The Daily Signal. His work has also been featured in Real Clear Politics and Fox News. Tristan graduated from George Washington University where he majored in political science and minored in journalism. Follow him on Twitter at @JusticeTristan or contact him at Tristan@thefederalist.com.

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NFL Lifts Covid Restrictions After Using Them To Harass Aaron Rodgers, Others – The Federalist

Posted: at 11:02 pm

The National Football League (NFL) announced Thursday players and staff would no longer be required to follow dystopian procedures implemented to track and isolate the novel Wuhan coronavirus.

In a memo sent to all 32 teams, the league said it came to an agreement with the NFL Players Association to suspend all aspects of the joint COVID-19 Protocols, effective immediately.

Should there be a reason to impose aspects of the Protocols or to take other measures, we will work closely with clubs, the NFLPA and our respective experts, and local, state and federal public health officials to continue to safeguard the health of the NFL community, the league added.

The drop of procedures comes as U.S. cases and hospitalizations plummet from their fifth wave peak of more than 1.4 million new cases a day and a seven-day average of more than 150,000 hospitalizations in January. The U.S. reported just more than 58,000 new cases and a daily average of just more than 8,700 in ICUs on March 2, according to The New York Times, as the nation finally transitions into a state living with the virus as opposed to trying to eliminate the airborne pathogen.

Players who didnt follow the Covid regimen prescribed by government officials found themselves mired in faux scandal. Last fall, Green Bay Packers quarterback Aaron Rodgers tested positive for the coronavirus after he remained unvaccinated to the ire of left-wing football fans.

Meanwhile fans, including prominent politicians ordering citizens to adhere to mask mandates, had already dropped compliance with mass Covid protocols. Last month, thousands of fans packed Californias SoFi Stadium in Los Angeles for the Super Bowl, skirting mask rules despite local mandates still in place.

L.A.s Democrat Mayor Eric Garcetti was among them even after catching flak for flouting his citys mask mandate at the same stadium days earlier in a picture with former Lakers legend Magic Johnson.

Garcetti excused himself for the infraction, claiming he was holding his breath, before he was caught maskless again at the Super Bowl.

Tristan Justice is the western correspondent for The Federalist. He has also written for The Washington Examiner and The Daily Signal. His work has also been featured in Real Clear Politics and Fox News. Tristan graduated from George Washington University where he majored in political science and minored in journalism. Follow him on Twitter at @JusticeTristan or contact him at Tristan@thefederalist.com.

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Diversity And Equity In The US Military Endangers National Security – The Federalist

Posted: at 11:02 pm

Russias invasion of Ukraine should be a wake-up call for the sleeping European Union countries getting fat and lazy under Americas cozy security blanket. But it should also be a wake-up call for Americans who care about the U.S. military, because that security blanket is being pulled apart by the far-left.

War is the continuation of policy by other means, and how a country fights is a reflection of its domestic politics. If the left is allowed to control Americas military, well soon be defended by social justice snowflakes, armed with weak sanctions and copies of the United Nations Declaration of Human Rights.

Gen. Jim Mattis is right: the United States isnt predestined to win the next war. Thankfully, Ukraine isnt our war; 20 years of recent American bloodshed was enough. But one day our backs might be against the wall and we may not have a military capable of winning. While Washington has been obsessed with gender and race, Moscow and Beijing have been building armies undistracted by political correctness.

And I promise you that this woke obsession is going to cost lives, because mortars dont pick between people when they explode and projectiles dont care about skin color or genitalia. When bullets start ricocheting off Humvee doors, all the B.S. you think matters goes right out the window. In that moment, all that counts are the lives of the men and women around you.

If youve experienced combat, you know why theres no room for wokeism in the military. Its completely contradictory to mission success. What matters on the battlefield is the diversity of your firepower, not the diversity of your personnel.

My generation of veterans proves that the answer to race in the military is to judge people on merit, not identity. We just spent two decades risking life, limb, and eyesight fighting a war together; skin color, religion, and identity were irrelevant. We celebrated diversity by maintaining high standards.

I fought side by side with Afghans and Iraqis. While they bickered over tribal differences, their race, creed, and color werent a factor when I selected fighting forces from among them. Americans dont care about tribal differences, because were are all one tribe.

But thats not what our soldiers are being told. Instead, critical race theory is pitting our men and women in uniform against each another and the very country for which they fight. Its hurting unit cohesion and damaging mission success.

You cant go to war if you dont believe in your countrys values. You cant enforce American foreign policy at the point of a black rifle if you doubt its virtue. And you cant defend the person next to you if you think they are your oppressor because of their skin color.

The far-left is forcing the same social engineering in the military that they force into everything else. When you select warfighters for anything other than capability, youre going to get people killed.

Whats to prevent the military academies from taking race into account when admitting cadets? What happens to retention if some of the best noncoms are denied entry to the senior leader course because theyre the wrong color? What happens to combat effectiveness if theres a race-based points system during Special Forces selection?

To most Americans, especially in the military community, this would be plain stupid. Not only is it morally wrong but, despite what youve been told, most Americans arent racists: we still believe in Martin Luther King Jr. and we want a color-blind society.

The military is one of the institutions that has historically helped to achieve Kings dream. Thats because its a forcing function, putting every kind of American in situations where each must succeed together regardless of his identity. The best business school in the country isnt Harvard or Yales, its the U.S. military, teaching on campuses from Parris Island to Fort Bragg.

As a result, veterans provide a pool of talented leaders who contribute to their communities, uninterested in ideology. If youre trying to complete a mission or turn a profit, you just want the best people.

This is why the far-left is gunning for our soldiers. In only one recent example, the U.S. Department of Defense saw fit to tweet an article telling soldiers that woke ideas like equity are necessities. Theyre destroying the military in order to change our domestic culture and in doing so, theyre jeopardizing our ability to win wars.

Everyone who loves America should take the wake-up call of the Ukraine invasion very seriously. Despite the Biden administrations wishful thinking, war is unfortunately part of the human condition. When the next one comes, our military needs to be made up of the most talented warfighters available, not people picked on the basis of their identity.

They need to know that they are doing the right thing, on behalf of a good and just United States. And they need a president who has the backbone to say so.

Evan Hafer is a former Army Special Forces soldier and CIA contractor. He is currently CEO of Black Rifle Coffee.

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The luxurious Indian Ocean holidays that cost as little as 62 a day – The Telegraph

Posted: at 11:01 pm

With miles of bone-white sand, scalloped bays, coral-hooped lagoons and clotted-cream island specks lapped by liquid Hockney blues, the islands of the Indian Ocean have store cupboard ingredients baked in.

If you think that these island idylls are the preserve of honeymooners and luxe-seeking types, you may need to think again. A holiday to Mauritius, the Seychelles and the Maldives is never going to be a cheap proposition, but it can be affordable and packed with experiences. In fact, if you know where to look, you can find paradise for a song.

In both Mauritius and the Seychelles, many of the islands guest houses, self-catering chalets and three-star properties are a hop, skip and a jump from top-drawer strands of sand. Buses and speedy inter-island ferries will get you around and, if self-catering, there are daily markets and fishermen hauling in the days catch at beaches. In Mauritius follow your nose to the food trucks. A delicious dholl puri or a fragrant Creole rougaille (made with tomatoes, spices and sausage) washed down with a fresh sugar cane juice will cost just a couple of pounds.

Avoiding peak season (December to January and July to August in the Seychelles and mid-November to April in Mauritius) can also bring significant savings. Trailfinders, for example, currently offers a week at the five-star Hilton Seychelles Labriz Resort and Spa in November for 1,599pp (020 7084 6500; trailfinders.com), including flights and breakfast.

Unlike Asia and the Caribbean, where different islands adopted different restrictions, the Indian Ocean has been much more accessible to travellers throughout the pandemic. The Caribbean has been tricky due to fluctuations and island curfews, says Anna Hilley, long-haul trading manager at Travel Republic. The Maldives remained open throughout and we saw strong demand for Mauritius in November and December [when it reopened to visitors October 1]. Now were seeing lots of last-minute bookings and weeks in June, July and August are filling up fast.

The Indian Ocean isnt just a destination for fly-and-flop visitors, either. Now that many restrictions on travel have been lifted, those seeking adventure and a sabbatical (or both) are booking trips. Rich in marine life, the region offers extraordinary marine and wildlife conservation opportunities. In the Seychelles, for example, you can volunteer on Cousin a protected island reserve.

From Sri Lankas cultural heritage to an adventure break in Mauritius, diving in the Maldives and island hopping in the Seychelles, the Indian Ocean wont disappoint and its more affordable than you think. Here are 20 holidays to fit the bill.

For a fresh twist on the Indian Ocean, why not consider pairing Dubai with Sri Lanka? Youll go from a gregarious, cosmopolitan city to tuk-tuks, temples and Ayurvedic massage. Stay three nights at the family-friendly Hyatt Regency in Deira, on Dubais waterfront corniche, before taking a short flight and winding up at the stylish, understated Avani Bentota Resort and Spa, which overlooks one of Sri Lankas finest beaches. Yoga, two freshwater pools, watersports and beach volleyball its all here.

An 11-day Dubai and Sri Lanka holiday costs from 1,249pp with Travelbag (020 7001 4112; travelbag.co.uk) spending three nights in Dubai at the Hyatt Regency and seven nights at the Avani Bentota Resort and Spa on a half-board basis; includes flights.

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With a robust portfolio of hotels, tours and catamaran cruises across the region, family-run Tropical Sky is a reliable go-to for inspiration. Visit out of season to snap up an action-packed all-inclusive holiday at the five-star Maritim Resort and Spa, near Baklava, in Mauritius. Within its sprawling 25 acres there are tennis courts, an equestrian centre, a golf course and a Padi dive centre with the full complement of watersports activities. And if you just want to sit at the rooftop bar and gaze at the alabaster beach, thats OK, too.

Seven nights at Maritim Resort and Spa (01342 395475; tropicalsky.co.uk) costs from 1,549pp for rooms sleeping two adults and one child; includes flights.

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Manchester Citys new crypto sponsor offering banned product to UK consumers – The Athletic

Posted: at 11:01 pm

Manchester Citys new official cryptocurrency exchange partner appears to be offering a product to UK consumers which is banned by the UK Financial Conduct Authority because of likely harm from sudden and unexpected losses, The Athletic can reveal.

The product was mentioned in the publicity surrounding the City deal.

An OKX spokesperson said the company remains in compliance with the rules outlined by the Financial Conduct Authority and does not sell crypto derivatives to UK consumers.

On March 4, City announced the deal with OKX, a fast, secure and innovative cryptocurrency exchange based in the Seychelles. Cryptocurrencies like Bitcoin and Ethereum have boomed in popularity over the last year, after rising in value making them appealing as a high-risk asset, although they have slumped in value in recent months. Football clubs are now trying to join the gold rush.

OKX sells cryptocurrencies, which is perfectly legal in the UK. But in OKXs announcement of the deal, beneath a photo of City stars Raheem Sterling, Kevin De Bruyne and Jack Grealish, the company boasts of having the planet's most active crypto derivatives markets.

Since January 2021, selling crypto derivatives to UK retail consumers has been banned by the Financial Conduct Authority who, after a lengthy consultation, concluded that retail consumers might suffer harm from sudden and unexpected losses if they invest in these products, going on to outline concerns over crime and fraud in the secondary market.

Despite this, a look at the site and its publicity makes clear that crypto derivatives trading is a core part of the company's business, and appeared to be available when logging in from a UK computer, and derivatives were mentioned in marketing emails with no disclaimers.

An OKX spokesperson provided evidence that disclaimer messages appear for UK customers on desktop and mobile when selecting the account mode, and when attempting to upgrade an account to trade leveraged products. However, unlike other cryptocurrency exchanges, these do not appear at any earlier stage. The UK is also not mentioned as a restricted territory in the OKX terms of service.

OKX removed the mention of crypto derivatives from the City announcement after The Athletic asked questions.

This text was featured in an About OKX section on a partnership-related landing page located on okx.com, a spokesperson said. Furthermore, it described OKX global operations. We have removed the text that mentions derivatives from said text in order to avoid further confusion.

The company argues the City partnership is for a global audience, not necessarily just people in the UK, like the City fans who will see the companys logo beamed around the Etihad Stadium.

(Photo: Mike Egerton/PA Images via Getty Images)

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Non-U.S. Crypto and Other Money Services Businesses: Have Customers in the U.S.? Beware of AML and Sanctions Compliance Risks – JD Supra

Posted: at 11:01 pm

Two recent guilty pleas involving a cryptocurrency exchange serve as a reminder to all money services businesses (MSBs)including those ostensibly located outside the United States but that conduct business thereof the importance of implementing anti-money laundering (AML) programs and registering as MSBs with the U.S. Treasury Departments Financial Crimes Enforcement Network (FinCEN). Last week, two founders and executives of BitMEXa virtual currency derivatives exchange whose parent company was registered in the Seychelles but operated globally, including in the United Statespled guilty to criminal Bank Secrecy Act (BSA) violations stemming from the companys willful failure to establish, implement, and maintain an AML program.[1]

The BitMEX enforcement action also highlights sanctions non-compliance risks. Without a Know Your Customer (KYC) program, BitMEX carried out transactions for customers based in Iran, a jurisdiction comprehensively sanctioned by the U.S. Treasury Departments Office of Foreign Assets Control (OFAC). As OFAC has made clear, sanctions compliance obligations remain the same regardless of whether transactions are denominated in virtual currency or fiat. A focus on sanctions compliance may become even more critical for cryptocurrency companies in the wake of the new far-reaching Russia-related sanctions imposed by the United States, the European Union, and the United Kingdom, among other governments, in response to Russias invasion of Ukraine. OFAC and the New York State Department of Financial Services (NYSDFS) have warned that as sanctioned persons and jurisdictions become more desperate for access to the U.S. financial system, they are likely to turn to cryptocurrency to minimize the crippling effect of sanctions.

The two BitMEX founders guilty pleas on February 24, 2022 follow the companys settlement with U.S. regulators in August 2021, which was one of the largest-ever resolutions with a cryptocurrency exchange. While BitMEX was incorporated in the Seychelles, it had connections to the United States, including maintaining offices there and soliciting and accepting orders from U.S. customers. FinCENand theCommodity Futures Trading Commission found that BitMEX was operating as an unregistered futures commission merchant under the BSA, and that it failed to comply with the BSAs AML program requirements, including by failing to maintain an adequate customer identification program. BitMEX resolved the allegations for $100 million, with a $20 million suspended penalty pending the companys remediation and prevention measures, including ending all operations within the United States and no longer serving any U.S. customers.

The Department of Justice charged four of the companys founders and executives in October 2020. In announcing that two of them, Arthur Hayes and Benjamin Delo, had pled guilty to willfully violating the BSA, the Department of Justice alleged that these two founders closely followed the U.S. regulatory developments and were aware of their BSA obligations due to U.S. customers trading on BitMEX. Yet, they allegedly took affirmative steps purportedly designed to exempt BitMEX from the application of U.S. laws like AML requirements and KYC requirements. For example, according to prosecutors, the defendantscaused BitMEX to formally incorporate in the Seychelles, a jurisdiction they believed had less stringent regulation, and from which they could still serve U.S. customers and operate within the United States without performing AML and KYC. Without even basic AML policies in place, BitMEX became in effect a money laundering platform and a vehicle for sanctions violations.

This development illustrates the significant risks to which foreign-located MSBs expose themselves if they have U.S. customers but fail to comply with the BSA. Incorporating in a friendlier jurisdiction, like the Seychelles in the BitMEX case, does not protect an MSB from BSA liability if it operates in the United States. The BSA applies to MSBs wherever located if they conduct business wholly or in substantial part within the United States. Thus, all MSBs, including those transmitting cryptocurrencywith any U.S. nexusshould take note of the BSA requirements. Those include registering with FinCEN; implementing a written AML program with policies, procedures, and internal controls, including regarding customer identification and verification; and controls to detect and report suspicious activity. The AML programs must be commensurate with the risks posed by the location, size, nature and volume of the services provided by the MSB and be effective in preventing the MSB from being used to facilitate money laundering and the financing of terrorist activities.

An effective AML/KYC program will also help ensure compliance with sanctions regulations. As noted, cryptocurrency exchanges will likely face increased sanctions risks due to the sweeping sanctions recently imposed against Russian banks, entities, and individuals by the United States, European Union, United Kingdom, and other governments, and additional measures that may be imposed in the coming days or weeks. As such, cryptocurrency exchanges may face, and must address, unique risks.

By implementing a KYC program, which includes sanctions screening, cryptocurrency companies can help ensure they do not engage, directly or indirectly, in transactions prohibited by sanctions, such as dealings with blocked persons or property, or engaging in prohibited trade- or investment-related transactions. To ensure compliance, cryptocurrency exchanges should also employ geolocation and IP-address blocking to prohibit access by parties from sanctioned jurisdictions, perform transaction monitoring to detect suspicious activity, and file required reports with FinCEN and OFAC. Exchanges operating outside the United States that do not yet have but want to attract U.S. users should also consider implementing such measures.

[1]Also last week, on February 25, 2022, BitConnect founder Satish Kumbhani was indicted in a cryptocurrency Ponzi scheme, which the government alleges deprived investors worldwide, including in the United States, of over $2 billion. According to the indictment, to avoid regulatory scrutiny and conceal BitConnects fraudulent scheme, Kumbhani evaded and circumvented U.S. regulations, including those enforced by the FinCEN. Among other things, BitConnect never registered with FinCEN, as required under the BSA.

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NFL Player Busted for Betting, Japanese Anime Poker Show in Production – CardsChat.com

Posted: at 10:59 pm

An NFL player is busted for betting on his team, a poker-themed cartoon, and record-breaking crowds in Prague are some of the short stacks CardsChat collected in last weeks orbit of the poker world.

Fans of poker who also love Japanese anime are in luck.A poker-themed franchise called High Card is being developed and the YouTube teaser was released today.

According to animenewsnetwork.com, the show is based on a world order that can be controlled by a set of 52 X-Playing cards with the power to bestow different superhuman powers and abilities to the ones that possess them. With these cards, people can access the hidden power of the buddy that can be found within themselves.

All righty, then.

Regardless, the art looks very cool. High Card is set to debut in 2023 in TV, novel, and manga form.

Atlanta Falcons wide receiver Calvin Ridley was suspended yesterday for at least a year for gambling on the NFL last season through an online client. He can ask for reinstatement Feb. 15, 2023.

Ridley said via Twitter he bet a total of $1,500. Multiple news sources say he placed less than 10 bets through his phonebetween Nov. 23-28, a few weeks after Ridley was placed on the non-football injury list to deal with self-described mental issues.

The bets were three, five, and eight-game parlays in which the Falcons needed to win to hit.

Talk about mental anguish the lost season will cost Ridley $11 million.

The situation revealed how the NFL monitors their players and employees gambling habits. According to the Washington Post, the league contracts with Genius Sports which calls itself a data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media.

Genius Sports contracts with many of the online books including Draftkings, Flutter (FanDuel), and bet365. The leagues that join the NFL using Genius Sports to monitor their employees include the PGA Tour, NCAA, the Premiere League, and EuroLeague Basketball.

Everyone should get suspended from their job for a year if they bet on the Falcons.

Kevin Clark (@bykevinclark) March 7, 2022

Another sign that live tournament poker is experiencing a surge, the 1,100 buy-in Eureka Prague Main Event broke an attendance record that was set in 2018. Four starting flights built a field of 3,155 entries, which breaks the record by 27%.

All 469 players who made it through to Day 2 today got in the money. The tournament continues at the Hilton Prague tomorrow when 66 players return, and is scheduled to finish Thursday. The winner gets 417,820.

The Asian Poker Tour (APT) and Resorts World Manila agreed to a two-year deal that will bring four series to the casino.

The first pair of series will take place at Resorts World Manila April 27 to May 8 and then September 7 to 18 this year. Another pair will take place in 2023. A detailed schedule of this years events will be soon be announced.

The deal solidifies Resorts World Manila as a major poker stop in Asia, just how the casino wants it.

Before the pandemic, Resorts World Manila had plans in hand to establish the largest poker room in Asia, said Hakan Dagtas, executive vice president and chief gaming and marketing officer for the casino in a press release. With the casino now returning to normal operations, those plans are firmly back on the drawing board. Our goal is to spearhead the initiative to ensure Manila becomes the poker capital of Asia.

The APT returns this year after a two year hiatus, starting with the APT Phu Quoc Vietnam at the Corona Casino on April 8. It has six stops scheduled for 2022 so far. Besides the COVID-induced break, APT held events at Resorts World Manila since 2011.

Written by

Bob Pajich

Bob Pajich is a poker news reporter, creative writer, and poker player who never met suited connectors he didn't like.

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NFL Player Busted for Betting, Japanese Anime Poker Show in Production - CardsChat.com

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Everygame Poker hosting special slot tournament this week – World Casino Directory

Posted: at 10:59 pm

This week, members of Everygame Poker have access to a brand-new online slot tournament, featuring four top-rated games from Betsoft. Compete for a piece of the $2,000 prize pool by playing Take Olympus, Take the Bank, Take Santas Shop, and Take the Kingdom.

Details of the Competition

The special online slot tournament is live this week, with players able to earn points by playing the four Betsoft titles. Just click on the Betsoft tab to access the games in the casino section of Everygame. By the end of the week, the top 16 points earners will earn a piece of the prize pool with first place taking home $400.

Lets take a look at the games connected to the deal. Everygame Poker chose the most popular Betsoft titles so that players would enjoy the competition. With Take the Bank, a cop and robbers theme is found on the game grid. Bombs explode and become wild while the police car icons will trigger casino spins and sticky wilds!

In Take the Kingdom, players enter a fantasy world where dragons rule the reels. Watch as the dragon breathes firebombs onto the game grid and every seven spins, the bombs turn into wilds! Find treasures chests and unlock extra wilds with casino spins!

Want to enjoy the holidays outside of the season? Everygame is including Take Santas Shop on the list of connected online slot games, complete with a trip to the north pole! Play this exciting game and enjoy a cops and robbers style format but with ornament bombs instead!

The last game on the list is Take Olympus. This game features Greek gods including the mighty Zeus who can fill a reel and provide casino spins! The slot also includes wilds and multipliers!

Blackjack Quest Contest

While you are visiting Everygame Poker, be sure to take part in the Blackjack Quest contest as well. Through March 13, players can compete for special bonus funds via blackjack gaming. Win $50 on top of any hand winnings by earning two Natural Blackjacks, a Colored Blackjack and a Clubs Blackjack. The bonus cash has a 25x wagering requirement.

Along with slots and table games, Everygame Poker is home to busy poker cash tables and tournaments. Access gaming options via the Horizon Poker Network with plenty of options for poker gaming. The site offers tournaments on a regular basis with cash games running 24/7 so players can always find a game to play.

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Everygame Poker hosting special slot tournament this week - World Casino Directory

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