U.S. widens Iran crackdown to encompass crypto, gold, shipping and technology
Treasury says Ivan Obukhov processed over $100 million in crypto for IRGC-QF oil sales since 2023.
Source: CoinDesk
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DW NOTE
Sanctions expand while the Strait of Hormuz stays shut. Treasury announces it caught Obukhov routing $100 million in crypto for IRGC-QF oil sales since 2023 — the same month the US blockade began and Iranian exports effectively stopped. Cracking down on sanctions evasion is easier when there's no oil left to evade sanctions on.