$PUDGY
Trending UpSnapshot Window: 2026-09-18 10:40 UTC Β· β Back to Crypto Overview
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BREAKING: The US Treasury has sanctioned Iranian crypto exchange BitBank, accusing it of transferring hundreds of MILLIONS of dollars in Bitcoin to the IRGC. Treasury says BitBank processed payments for Iranβs Hormuz Safe Marine Services Authority, which it links to the
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AI visual note: This breaking news graphic announces that the US Treasury has sanctioned Iranian crypto exchange BitBank for allegedly transferring hundreds of millions of dollars in Bitcoin to the IRGC, with Treasury stating that BitBank processed payments for Iran's Hormuz Safe Marine Services Authority (linked to the Strait of Hormuz tanker crisis), and noting that the exchange is controlled by sanctioned financier Babak Zanjani, who allegedly moved the funds between June and July.