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US sanctions say Iran’s oil for crypto web pushed $100M through 2023 to 2025 – TON BOT

US sanctions say Iran’s oil for crypto web pushed $100M through 2023 to 2025

The US Treasury Department OFAC sanctioned two Iranian nationals, Alireza Derakhshan and Arash Estaki Alivand, for orchestrating crypto transactions to help Tehran sell oil in defiance of international restrictions. They used front companies to obscure funds for Iran’s oil-for-crypto trade, providing support to the IRGC-QF military branch. Their transactions are now banned under Executive Order 13224.


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