Friday, August 7, 2026

Treasury Sanctions Crypto Exchanges It Says Laundered Millions for Iran

The U.S. Treasury sanctioned two crypto exchanges it says laundered millions of dollars for Iran's Revolutionary Guard, naming a Georgia- and UAE-based operator and an Iran-based platform.

  • The U.S. Treasury has sanctioned two crypto exchanges, Shelbit Exchange and Aban Tether, for allegedly laundering millions of dollars for Iran's Revolutionary Guard.
  • The sanctions are part of the 'Economic Fury' campaign, targeting both crypto and traditional shadow banking networks used by Iran.
  • The action includes freezing U.S.-touching assets and offers rewards for information disrupting the IRGC's financial mechanisms.

Topics: Jurisdictions, Legal regulatory, Blockchain usage, Emerging hubs, Enforcement actions litigation, Non evm chains

Tags: #treasurysanctions #cryptoexchanges #iranrevolutionaryguard #moneylaundering #economicfury #siavashkayvanpour #shelbitexchange #sdnlist #virtualassetsregulatoryauthority #abantether

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