Macro Finance
US sanctions Iranian crypto exchange Shelbit tied to $4B IRGC network
The Cryptonomist·August 7, 2026·1 min read
The US Treasury traced over $3 million in cryptocurrency transfers linking Iranian exchange Shelbit to wallets tied to the Islamic Revolutionary Guard Corps. This is part of a fresh wave of sanctions targeting Iranian crypto networks accused of moving money for a sanctioned military organization, as confirmed by the Treasury's Office.
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