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Home » OFAC Sanctions Iranians Over $100M Illicit Oil Sales Using Crypto
Crypto & Web3

OFAC Sanctions Iranians Over $100M Illicit Oil Sales Using Crypto

EditorBy EditorSeptember 17, 2025No Comments3 Mins Read
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In brief OFAC has sanctioned two Iranians and multiple firms in Hong Kong and the UAE. The designations hit a shadow banking network tied to oil sales and cryptocurrency transactions for the IRGC-QF and MODAFL. The measures follow Israeli moves against 187 crypto wallets linked to the IRGC. The U.S. Treasury Department has imposed sanctions...

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