House Committee Seeks Briefing on National Security Risks in University Supercomputers

House Committee Seeks Briefing on National Security Risks in University Supercomputers

U.S. lawmakers are seeking a briefing from the Bureau of Industry and Security on the risk of PRC nationals accessing university supercomputers powered by export-controlled chips. Concerns center on PRC-linked entities bypassing restrictions to advance China’s military and technological capabilities, highlighting the need for stricter safeguards.

Read More

Related Posts

CBP: Section 321 Enforcement Update in ACE to Block Ineligible De Minimis Shipments

CBP is enhancing Section 321 enforcement within ACE to ensure compliance with the $800 de minimis threshold. Starting June 26, the update will be deployed to the CERT environment. This enhancement will prevent the release of shipments claiming de minimis entry when the $800 per person per day limit has already been exceeded, helping to…

OFAC: GVA Capital Fined $216M for Russia Sanctions Violations

The Office of Foreign Assets Control issued a penalty notice for almost $216M on GVA Capital Ltd. They’re a venture capital firm in California. This is for violating the Russia sanctions and failing to comply with a subpoena. Read More

Justice: DOJ Declines to Prosecute PE Firm After Voluntary Disclosure of Export Violations

The United States Department of Justice declined to prosecute a private equity firm after they discovered criminal violations of export laws that one of their acquired companies had committed and disclosed them voluntarily. Read More

DOJ: Crypto Exec Indicted for Laundering Millions Through U.S. Banks

The United States Department of Justice unsealed an indictment against Iurii Gugnin, owner of cryptocurrency company Evita, for funneling > $500 million of payments through US banks / crypto exchanges while hiding the source and purpose of the transactions. Read More