US hit on $24 billion crypto black market sends rival money launderers running for exits
DOJ seized Telegram channels and two wallets while OFAC sanctioned Xinbi and the developers behind SafeW and XinbiPay.
CryptoSlate•Oluwapelumi Adejumo10 SeptOffice of Foreign Assets Control
Regulator · 25 articlesAll coverage
page 1 of 2CryptoSlate•Oluwapelumi Adejumo10 Sept
US Treasury's Office Targeting Iran's Sanctions Evasion Through Bitcoin and USDT
OFAC labels Iran's crypto sector sanctionable, citing Bitcoin and USDT-driven sanctions evasion to prop up the rial.
BeInCrypto•Darryn Pollock9 Sept
Office of Foreign Assets Control adds multiple Iranian airlines to sanctions list
The sanctions intensify economic isolation for Iran, impacting global aviation supply chains and increasing compliance burdens on digital platforms.
CryptoBriefing•Editorial Team8 Sept
Lazarus Group-linked addresses move $30M through Hyperliquid
Crypto wallets linked to the OFAC-sanctioned Lazarus Group moved $30 million in digital assets through Hyperliquid, weeks after regulators said they were working on a path to introduce the exchange into US markets.
Cointelegraph•Cointelegraph by Zoltan Vardai1 Sept
Treasury Targets Iran Crypto Sector and $100M Oil Payment Network
The Treasury has opened Iran’s digital asset sector to broader sanctions while targeting a broker accused of processing over $100 million in cryptocurrency for oil sales supporting Iran’s military and its proxies. OFAC Opens Iran’s Digital Asset Sector to Sanctions Foreign crypto businesses now face broader sanctions exposure when dealing with Iran-linked counterparties following the […]
Bitcoin.com News•Kevin Helms26 Aug
U.S. expands Iran crypto sanctions over $100M oil payments
OFAC expanded sanctions to Iran’s crypto sector after alleging over $100 million supported IRGC-linked oil sales since 2023.
US Treasury Sanctions Two Iranian Crypto Exchanges Over IRGC Money Laundering
The US Treasury sanctioned two Iranian digital asset exchanges, Shelbit and Aban Tether, along with network operator Siavash Kayvanpour, over crypto transfers tied to Iran’s Islamic Revolutionary Guard Corps (IRGC). The Office of Foreign Assets Control (OFAC) issued the designations on Friday. The designations mark the latest US strike on Iran’s crypto rails this year.
BeInCrypto•Kamina Bashir8 Aug
US sanctions 2 crypto exchanges over Iran-linked funds
U.S. authorities sanctioned crypto exchanges Shelbit and Aban Tether after alleging that the platforms helped Iran evade restrictions and move funds connected to the Islamic Revolutionary Guard Corps. OFAC targets Shelbit and Aban Tether The U.S. Treasury Department’s Office of…
US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges
The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to Iran.
Cointelegraph•Cointelegraph by Turner Wright7 Aug
US Treasury Sanctions Iranian Firms Taking Bitcoin for Hormuz Passage
OFAC sanctioned two Iranian firms including Hormuz Safe, which “accepts payment in Bitcoin and other digital assets.”
OFAC Targets Iran’s Crypto-Funded Toll Scheme in Strait of Hormuz
The US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two firms accused of supporting an IRGC-backed scheme that allegedly extorted commercial vessels transiting the Strait of Hormuz by requiring them to purchase maritime insurance. Wednesday’s designations hit the Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority, known as Hormuz Safe. Treasury says
BeInCrypto•Kamina Bashir30 Jul
Treasury’s OFAC designates four individuals and nine entities in Babak Zanjani sanctions evasion network
OFAC designated four individuals and nine entities tied to Babak Zanjani's sanctions network, targeting crypto exchanges that processed $94B in
CryptoBriefing•Editorial Team24 Jul
US Treasury freezes $130M crypto wallet tied to Iran’s IRGC
OFAC sanctioned four Tron wallets tied to Iran's IRGC, freezing $131M in USDT. Tether coordinated the freeze as US crypto sanctions campaign
CryptoBriefing•Editorial Team21 Jul
One Sanctions List and a Kill Switch: How Tether Enforces US Policy on Iran
OFAC listed four Iran wallets, and the Tether kill switch froze $131 million in USDT within hours. Here is how it works.
BeInCrypto•Lockridge Okoth16 Jul
US Treasury Freezes $131 Million in Iran-Linked Crypto Wallets
OFAC sanctioned addresses tied to Iran's central bank and armed forces, with Tether locking four Tron wallets as Washington's financial campaign against Tehran accelerates.
US Treasury freezes over $130 million tied to Iran-linked crypto wallets
Treasury Secretary Scott Bessent says OFAC sanctioned multiple Iran-linked crypto wallets, freezing over $130 million.
The Block•Brian Danga15 Jul
Tether Freezes $131M in USDT Tied to U.S.-Sanctioned Iranian Addresses on TRON
Tether has frozen four wallets on the TRON network holding a combined $131 million in USDT. The funds have been linked to two of the most heavily sanctioned entities, Iran’s Islamic Revolutionary Guard Corps (IRGC) and the Central Bank of Iran. Moreover, both are sitting on the U.S. Treasury’s OFAC
TheNewsCrypto•Sarayu Krishna15 Jul
Scott Bessent Announces $130 Million Crypto Freeze Targeting Iran Central Bank
The US Treasury froze more than $130 million in cryptocurrency tied to Iran’s Central Bank. The Office of Foreign Assets Control (OFAC) sanctioned multiple wallets linked to the Central Bank of Iran (CBI). US Treasury Targets Iran’s Central Bank Crypto Wallets Treasury Secretary Scott Bessent announced the freeze in a post on X. Bessent framed
BeInCrypto•Kamina Bashir15 Jul
OFAC FirstVPN Sanctions Show Crypto Enforcement Is Moving Up The Infrastructure Stack
OFAC FirstVPN Sanctions Show Crypto Enforcement Is Moving Up The Infrastructure Stack is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, re
NewsBTC•NewsBTC Editorial Team14 Jul
Treasury’s OFAC ramps up sanctions against Iranian oil kingpin Mohammad Hossein Shamkhani
The expanded sanctions highlight escalating efforts to curb Iran's financial networks, potentially straining its military funding and global oil trade.
CryptoBriefing•Editorial Team14 Jul