BeInCrypto

Can Iran Still Fund the IRGC With Crypto? Treasury Just Sanctioned Another Exchange

The US Treasury sanctioned crypto exchange BitBank on Thursday. The platform was used to move hundreds of millions of dollars in Bitcoin (BTC) to the Islamic Revolutionary Guard Corps (IRGC), the department alleges. The Office of Foreign Assets Control (OFAC) also designated BitBank’s software developer and three associates of Babak Zanjani. The Iranian financier already

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