Bitcoin
US Treasury Sanctions BitBank Over Hundreds of Millions in Bitcoin (BTC) Sent to the IRGC
COINOTAG·September 18, 2026·1 min read
OFAC sanctioned Iran's BitBank exchange over hundreds of millions in Bitcoin moved to the IRGC and Hormuz toll payments, under Executive Order 13902. The sanctions target the exchange's role in facilitating funds for Iran's military, marking a significant U.S. regulatory action against crypto use.
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