Topic
ofac
3 stories
Treasury sanctions Iranian marine "insurance" scheme that took bitcoin for Hormuz passage
The U.S. Treasury designated two Iranian maritime insurers, including a bitcoin-accepting platform built by Tehran's economy ministry, alleging they extorted ships transiting the Strait of Hormuz for the IRGC.
Treasury sanctions Iran-linked wallets; Tether freezes ~$131M in USDT
The U.S. Treasury sanctioned crypto wallets tied to Iran's central bank, and stablecoin issuer Tether froze roughly $131 million in USDT on the Tron network shortly before the announcement.
Treasury sanctions 134 ISIS-K crypto addresses; Tether freezes the Tron wallets
OFAC added 134 crypto addresses tied to ISIS-K to its sanctions list on July 1, and Tether promptly froze the roughly $1.4 million that passed through the 131 flagged Tron wallets.