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US Moves to Forfeit $61M in Crypto Linked to Iran’s Oil Sales

News.Bitcoin.com
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US Moves to Forfeit $61M in Crypto Linked to Iran’s Oil Sales

U.S. prosecutors are seeking forfeiture of roughly $61 million in cryptocurrency allegedly generated through sanctioned Iranian oil sales. The assets are tied to a wider network accused of moving more than $1.5 billion in illicit oil proceeds. US Targets $61M in Tether From Alleged Iranian Oil Network More than $61 million in cryptocurrency could be […]

Key Takeaways

  1. prosecutors are seeking forfeiture of roughly $61 million in cryptocurrency allegedly generated through sanctioned Iranian oil sales.
  2. The assets are tied to a wider network accused of moving more than $1.5 billion in illicit oil proceeds.
  3. US Targets $61M in Tether From Alleged Iranian Oil Network More than $61 million in cryptocurrency could be […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.