In brief
OFAC sanctioned multiple wallets tied to Iran's central bank and the Iranian armed forces on Tuesday, resulting in Tether freezing over $131 million across four addresses on the Tron blockchain.
The Treasury separately sanctioned seven individuals and entities involved in a global Iranian weapons procurement network.
The U.S. Treasury's Office of Foreign Assets Control sanctioned multiple cryptocurrency wallets tied to Iran's Central Bank and the Islamic Revolutionary Guard Corps on Tuesday, with stablecoin issuer Tether freezing over $131 million across four addresses on the Tron blockchain.Treasury Secretary Scott Bessent confirmed the move in a post on X, vowing the U.S. would "aggressively follow the money and deny the Iranian regime access" to illicit funds. Separately, the Treasury sanctioned seven individuals linked to a global weapons procurement network for the Iranian armed forces, IRGC—including a Tehran-based drone parts supplier, a Nigerian intermediary, and Russian nationals tied to a Moscow aviation company.
.@USTreasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets. Today, Treasury’s Office of Foreign Assets Control sanctioned multiple wallets tied to the Central Bank of Iran, resulting in the freeze of over $130…
