ReferIndia News Crypto Sanctions Against Iranian Network Exposed

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Crypto Sanctions Against Iranian Network Exposed

Published on: Sept. 16, 2025, 8:37 p.m. | Source: Devdiscourse

The U.S. sanctioned Iranian financiers and entities in Hong Kong and the UAE for orchestrating $100 million in cryptocurrency transactions from Iranian oil sales, funding Iran's government and military. The sanctions cut off U.S. financial access, highlighting crypto's role in bypassing sanctions.

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