OFAC Targets Iran’s Crypto-Funded Toll Scheme in Strait of Hormuz
Covered by 3 sources · 3 articles
3 outlets - including Finbold, Crypto-economy and Beincrypto - are covering this story. The U.S. Treasury imposed sanctions on two Iranian companies on Wednesday, July 29, as they were accused of operating a … Continue reading The post U.S. targets Iran-linked Bitcoin scheme tied to Strait of Hormuz shipping appeared first on…
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U.S. targets Iran-linked Bitcoin scheme tied to Strait of Hormuz shipping
The U.S. Treasury imposed sanctions on two Iranian companies on Wednesday, July 29, as they were accused of operating a …
Iran’s Crypto-Funded Hormuz Shipping Scheme Hit by OFAC
TL:DR: The Office of Foreign Assets Control (OFAC) sanctioned Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority for operating a maritime insurance scheme linked to the Islamic Revolutionary Guard Corps (IRGC). H…
OFAC Targets Iran’s Crypto-Funded Toll Scheme in Strait of Hormuz
The US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two firms accused of supporting an IRGC-backed scheme that allegedly extorted commercial vessels transiting the Strait of Hormuz by requiring them to purchase maritime ins…