US Treasury Sanctions Iran Exchange BitBank for Moving Millions in Bitcoin to IRGC
The US Treasury's OFAC sanctioned Tehran-based crypto exchange BitBank for transferring hundreds of millions of dollars in Bitcoin to Iran's Islamic Revolutionary Guard Corps. The exchange is controlled by Iranian financier Babak Zanjani, and the sanctions also target three executives of BitBank's software developer Pishtaz Simorgh and its parent company Dot One.
#BTC☀️
The US Treasury's OFAC sanctioned Tehran-based crypto exchange BitBank for transferring hundreds of millions of dollars in Bitcoin to Iran's Islamic Revolutionary Guard Corps. The exchange is controlled by Iranian financier Babak Zanjani, and the sanctions also target three executives of BitBank's software developer Pishtaz Simorgh and its parent company Dot One.
#BTC☀️