The IRGC's stance exacerbates regional instability, diminishing prospects for diplomatic resolutions and impacting global economic confidence.
CryptoBriefing•Estefano Gomez21 Sept
The United States blacklisted Iranian crypto exchange Bitbank and its software developer over alleged sanctions-evasion activity. Treasury says financier Babak Zanjani used the platform to move hundreds of millions of dollars in bitcoin to the Islamic Revolutionary Guard Corps (IRGC), an elite branch of Iran’s armed forces. Treasury Blocks Bitbank and Its Developer Companies handling […]
Bitcoin.com News•Kevin Helms21 Sept
Increased regional instability and heightened military tensions could lead to significant disruptions in airspace security and operations.
CryptoBriefing•Estefano Gomez21 Sept
Treasury also says the Iranian exchange moved Hormuz Safe payments to the regime, without equating that stream with the IRGC total.
CryptoSlate•Oluwapelumi Adejumo18 Sept
Federal prosecutors have filed a civil forfeiture complaint seeking approximately $61 million in cryptocurrency generated by black-market sales of sanctioned Iranian oil. The proceeds were intended to finance Iran’s government and military components, including the Islamic Revolutionary Guard Corps, a designated terrorist organization, says the U.S. Attorney’s Office for the Southern District of New York. […]
The Daily Hodl•Daily Hodl Agent18 Sept
The US Treasury sanctioned crypto exchange BitBank on Thursday. The platform was used to move hundreds of millions of dollars in Bitcoin (BTC) to the Islamic Revolutionary Guard Corps (IRGC), the department alleges. The Office of Foreign Assets Control (OFAC) also designated BitBank’s software developer and three associates of Babak Zanjani. The Iranian financier already
BeInCrypto•Kamina Bashir18 Sept
U.S. Treasury sanctioned Iranian exchange BitBank, alleging it moved hundreds of millions in Bitcoin to the IRGC through a Zanjani-linked network.
US Treasury says the Iranian exchange processed payments received through Iran’s Strait of Hormuz maritime scheme and helped move hundreds of millions of dollars in Bitcoin to the IRGC.
Cointelegraph•Cointelegraph by Felix Ng18 Sept
Bitcoin Magazine Treasury Sanctions Iranian Crypto Exchange BitBank Over Bitcoin Transfers to IRGC The U.S. is targeting Iran's use of crypto — specifically bitcoin. This post Treasury Sanctions Iranian Crypto Exchange BitBank Over Bitcoin Transfers to IRGC first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Treasury said the previously sanctioned Hormuz Safe platform used BitBank to transfer payments collected since June.
The Block•Kyle Baird17 Sept
U.S. prosecutors filed a civil forfeiture complaint targeting $61 million in crypto allegedly laundered from black-market Iranian oil sales to fund the government and IRGC. Chinese firms used Binance accounts to move over $1.5 billion in illicit proceeds.
The Daily Hodl•Daily Hodl Agent16 Sept
U.S. prosecutors seek forfeiture of $61.2M in frozen USDT, alleging the funds trace to Iranian oil sales and a network linked to the IRGC.
Rising tensions in the Strait of Hormuz threaten global trade stability, elevate shipping costs, and pressure nations to reassess security policies.
CryptoBriefing•Editorial Team14 Sept
The incident heightens U.S.-Iran tensions, potentially increasing military confrontations and influencing market perceptions of conflict risk.
CryptoBriefing•Estefano Gomez10 Sept
The incident heightens tensions in a critical global oil transit route, risking further military escalation and impacting international relations.
CryptoBriefing•Editorial Team8 SeptEscalating tensions in the Strait of Hormuz risk destabilizing global oil markets, potentially leading to increased energy costs worldwide.
CryptoBriefing•Editorial Team8 Sept
The US's disabling of Iranian-linked tankers underscores escalating tensions, potentially disrupting global oil markets and regional stability.
CryptoBriefing•Editorial Team6 Sept
Escalating tensions in the Strait of Hormuz threaten global oil supply stability, potentially increasing energy costs and impacting global markets.
CryptoBriefing•Editorial Team5 Sept
The warning signals potential military escalation, reducing chances for diplomatic solutions and impacting market perceptions of U.S.-Iran relations.
CryptoBriefing•Estefano Gomez5 Sept
The strikes could destabilize global energy markets and escalate geopolitical tensions, impacting international relations and economic stability.
CryptoBriefing•Editorial Team1 Sept