The CFO of Huawei was arrested in Canada switching flights back to her homeland, China. Tonight she faces extradition charges to the US for allegedly violating American trade sanctions against Iran. China is up in arms over the “human rights” violation.
From Wiki: “Huawei overtook Ericsson in 2012 as the largest telecommunications-equipment manufacturer in the world, and overtook Apple in 2018 as the second-largest manufacturer of smartphones, behind Samsung. It ranks 72nd on the Fortune Global 500.”
Separately, the US made clear it intends to forensically trace privacy coins like ZCash & Dash to determine if these alt-coins are purposefully being sent back & forth to Tehran in contravention of US federal law.
In the wake or the Huawei arrest it’s safe to say the US government isn’t messing around. Iran supports Hezbollah, which is trying to destroy Israel, our staunch ally.
While Cuba trade sanctions became a relic, the ones against Iran aren’t. I’m certainly no expert in “extrajudicial” law but it’s probably a fair statement to say US authorities will go to the ends of the earth to track down perpetrators who subvert US foreign policy. This is evidence. For cryptos, there’s no side door or back door. This is a clear warning to follow the rules or face severe repercussions.