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US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges

CryptoInfo Editorial Team  ·  Published on August 07, 2026 at 20:02  ·  Updated on August 07, 2026  ·  1 min read

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Key Takeaways

  • The US Treasury's OFAC has sanctioned two crypto exchanges and an individual for facilitating money laundering.
  • The sanctions involve $5 million in digital assets linked to Iran.
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

The US government has sanctioned an individual and two crypto exchanges it claims facilitated money laundering for a combined $5 million in digital assets linked to Iran.

The sanctions, imposed by the US Treasury's Office of Foreign Assets Control (OFAC), aim to prevent the use of cryptocurrency for illicit financial activities.

This action is based on reporting from CoinTelegraph.

Source: CoinTelegraph ↗