29.04.2026 11:39
The US, which froze $344 million in crypto assets allegedly linked to Iran, dealt another blow to Tehran's economy. The US Treasury Department, stating it was targeting Iran's shadow banking system, added 35 entities and individuals to its sanctions list.
The US announced a new sanctions list as part of the "Economic Fury" operation targeting Iran. The US Department of the Treasury, targeting Iran's "shadow banking" system, added 35 entities and individuals to the sanctions list.
"THEY EXECUTE TENS OF BILLIONS OF DOLLARS IN TRANSACTIONS THROUGH SHADOW BANKING
It was reported that the entities and individuals added to the sanctions list manage Iran's shadow banking system, enable it to evade sanctions, and facilitate the execution of tens of billions of dollars in transactions.
"VITAL FOR THE IRANIAN ARMED FORCES"
It was stated that these entities and individuals, including Iran's Islamic Revolutionary Guard Corps, allow the Iranian armed forces to access the international financial system, receive payments from illegal oil sales, purchase sensitive components for missiles and other weapons systems, and transfer funds to Iran's proxy groups.
US Treasury Secretary Scott Bessent said, "Iran's shadow banking system serves as a vital financial lifeline for its armed forces and enables activities that disrupt global trade and fuel violence in the Middle East. The illicit funds channeled through this network support the regime's ongoing operations and pose a direct threat to US personnel, regional allies, and the global economy. Financial institutions are warned: Any institution that facilitates or is associated with these networks risks facing severe consequences."
CRYPTO ASSETS WORTH 344 MILLION DOLLARS HAD BEEN FROZEN
Meanwhile, US Treasury Secretary Scott Bessent had previously stated in a written statement that under "Economic Fury," the US would continue to systematically weaken Iran's capacity to generate funds, move money, and bring it back into the country.
In this context, Bessent announced that the Treasury's Office of Foreign Assets Control (OFAC) had imposed sanctions on various elements linked to Iran, and as part of this, crypto assets valued at 344 million dollars, allegedly connected to Iran, had been frozen.