The United States has imposed sanctions on six entities and one individual linked to what it described as Iran’s illicit digital asset network, accusing Tehran of using cryptocurrency channels to move billions of dollars and maintain international financial connections. The move comes days after Iran allegedly attacked commercial vessels in the Strait of Hormuz.
Two crypto exchanges targeted
US State Department spokesperson Tommy Pigott said the sanctions target two major digital asset exchanges that Washington claims are used by the Iranian regime to maintain access to the international financial system.
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The measures also target what the State Department described as the ringleader of a network involved in…
