Treasury said IRGC-linked wallets sent over $1 million in crypto to Shelbit addresses, while more than $2 million flowed back from Shelbit to IRGC-controlled wallets.
OFAC alleges Shelbit processed payments for a Persian-language online gambling network, with proceeds later redirected toward regime-connected wallets.
Aban Tether is accused of handling transactions involving Nobitex, Wallex, Bitpin and Ramzinex — all previously sanctioned Iranian exchanges.
Treasury Secretary Scott Bessent said the U.S. will keep dismantling illicit financial networks 'whether in dollars, rials, or crypto,' signaling more designations are likely.
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