Regulation· ★★★★· bearish·

US Sanctions Iranian Exchange BitBank, Seeks Forfeiture of $61M in USDT

  • —OFAC sanctioned BitBank over IRGC bitcoin transfers
  • —The Justice Department seeks to forfeit $61 million in USDT; Tether froze funds on 10 Tron addresses
  • —The Blessed Trust and Hexa Whale network distributed more than $1.5 billion via Binance
  • —Iran's central bank allowed exporters to repatriate revenue in USDT and bitcoin
Why it matters: The USDT freeze shows that a centralized issuer remains a pressure lever, and exchanges with Middle East clients face tighter scrutiny.
#BTC#USDT
Source: 2Bitcoins.ru
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