CoinScoopUS Sanctions Iranian Crypto Exchange BitBank Over Alleged IRGC Ties
The US Department of the Treasury has sanctioned the Iranian cryptocurrency exchange BitBank, alleging that the platform facilitated the transfer of hundreds of millions of dollars in Bitcoin to the Islamic Revolutionary Guard Corps (IRGC). According to the report, these transactions occurred between June and July.
Summaries are written by AI from the original article. Not investment advice.