OFAC Sanctions Iran Central Bank Crypto Wallets, Freezing $131M in Stablecoins
ID: 19c5cc46-6390-582e-ade3-07034857deec
STIX ID: report--19c5cc46-6390-582e-ade3-07034857deec
Feed Name: Chainalysis Blog
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The U.S. Treasury’s OFAC expanded its designation of the Central Bank of Iran to include four cryptocurrency wallets that received roughly $165M in stablecoins, of which $131M was frozen by Tether; Chainalysis’ on-chain analysis highlights Iran’s use of stablecoins to evade sanctions and fund regional proxies.
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