Bitcoin
Treasury Targets BitBank in New Iran Crypto Sweep
CoinCentral·September 18, 2026·1 min read
The U.S. Treasury sanctioned BitBank over alleged Bitcoin transfers linked to Iran's IRGC. OFAC said BitBank moved hundreds of millions of dollars in Bitcoin between June and July. Treasury also sanctioned BitBank's software developer and three associates tied to Iranian financier Babak Zanjani, as part of Operation Economic Outcast.
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