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2 sourcesTracking since 30 Jul, 16:49

US Sanctions Iranian Marine Insurers Taking Bitcoin for Strait of Hormuz Passage

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Islamic Revolutionary Guard Corps

Chronological coverage

31 July
Latest31 Jul, 15:05
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.”
Decrypt•Decrypt Agent
30 July
First seen30 Jul, 16:49
US Sanctions Iranian Marine Insurers Taking Bitcoin for Strait of Hormuz Passage
Treasury says HormuzSafe, developed by Iran's Ministry of Economy, accepted digital assets to fund an IRGC-backed 'extortion' scheme targeting commercial shipping.
The Defiant•The Defiant Team