#OFACFreezesIranCentralBankCryptoWallets The U.S. government is tightening its financial grip on Iran, this time targeting the digital space. The Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned multiple cryptocurrency wallets linked to Iran's Central Bank and the Islamic Revolutionary Guard Corps (IRGC).
The move successfully froze over $130 million, mostly in USDT stablecoins on the Tron blockchain. The operation required cooperation from the private sector, with the stablecoin issuer Tether stepping in to block the targeted wallets.
This action is part of a broader U.S. campaign to cut off alternative funding routes and stop the regime from using digital assets to bypass international sanctions. It is a clear reminder that despite crypto's reputation for being hard to control, major stablecoins and public blockchains are highly traceable and closely watched by global regulators.
: CLICK BELOW TO TRADE 👇🏻 $BTC $ARB $ETH
The move successfully froze over $130 million, mostly in USDT stablecoins on the Tron blockchain. The operation required cooperation from the private sector, with the stablecoin issuer Tether stepping in to block the targeted wallets.
This action is part of a broader U.S. campaign to cut off alternative funding routes and stop the regime from using digital assets to bypass international sanctions. It is a clear reminder that despite crypto's reputation for being hard to control, major stablecoins and public blockchains are highly traceable and closely watched by global regulators.
: CLICK BELOW TO TRADE 👇🏻 $BTC $ARB $ETH