Us Department Of The Treasury

The U.S. Treasury imposed sanctions on Iran's BitBank exchange, its software developer, and associates for allegedly laundering hundreds of millions in Bitcoin for the IRGC.

Iran claimed it captured a US Navy unmanned robotic submarine in the Strait of Hormuz, while the US Treasury imposed sweeping sanctions targeting Iran's civil aviation industry and foreign suppliers.

Iran bypasses sanctions by routing billions of dollars annually through US correspondent banking networks. The Donald Trump administration is cracking down on foreign institutions aiding Tehran's shadow banking system.