U.S. Treasury Expands BitBank Sanctions Over Iran Bitcoin Links
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TLDR: BitBank sanctions target the Iranian exchange after Treasury alleged it facilitated hundreds of millions of dollars in Bitcoin transfers to the IRGC. Treasury also designated BitBank developer Pishtaz Simorgh Electronic Trade Company and three associates linked to Babak Zanjani. OFAC placed BitBank on the SDN list under Executive Order 13902, which Treasury is using [...]
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Source: Source: Blockonomi