BREAKING: US Treasury sanctions Iranian crypto exchange BitBank.

The US government is cracking down on illicit crypto flows again.

Here is what you need to know:

๐Ÿ”น BitBank allegedly transferred $BTC to the IRGC.

๐Ÿ”น The Treasury says a previously sanctioned platform, Hormuz Safe, was used.

๐Ÿ”น Payments have reportedly been processed since June.

This shows the ongoing regulatory heat on global exchanges. Stay safe and stay compliant out there!

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