_1777292798912_197359786.jpg&w=48&q=75){kind=small}
Washington sanctions crypto firms tied to Iran
The U.S. administration has added two digital asset trading platforms and the "Shadow Banking" network to the sanctions list for financing illegal activities on behalf of the Iranian Revolutionary Guard and facilitating money laundering and evasion of sanctions. The sanctions targeted the digital asset exchanges "Shellbit Exchange" and "Aban Tether," as well as an Iranian individual named Siyavash Kaivanpour, who manages an international network supporting illegal activities in the digital domain. Additionally, foreign exchange networks enabling the transfer of hundreds of millions of dollars through fake banks and companies have been included, as part of the "Shadow Banking" system, to facilitate illicit financial transactions linked to Iran. This move is part of Washington’s efforts to curb illicit financing and disrupt the financial activities of the Iranian Revolutionary Guard through unregulated digital and financial networks.
Notice: This Is an AI-Generated Summary
Comments (0)