U.S. prosecutors are seeking to seize $61 million in cryptocurrency allegedly connected to Irans black-market oil trade and military financing, according to a civil forfeiture complaint filed Monday by the Department of Justice (DOJ). The DOJ alleges the crypto proceeds were intended to benefit the Iranian government and military organizations, including the Islamic Revolutionary Guard Corps (IRGC), which the United States designates as a terrorist organization. Deputy U.S. Attorney Sean S. Buckley said the action reflects Washingtons efforts to cut off illicit funding used by Iran and its… Read more
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