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HomeCryptoRegulationUS sanctions two Iranian crypto exchanges as part of E…

US sanctions two Iranian crypto exchanges as part of Economic Fury

The U.S. Treasury said it traced more than $3 million in transfers between Shelbit and IRGC-linked wallets.

The U.S. Treasury has imposed sanctions on two Iranian crypto exchanges as part of its "Economic Fury" campaign.

According to The Block, the Treasury Department said it traced more than $3 million in transfers between Shelbit and wallets linked to the IRGC.

The action underscores how U.S. enforcement is extending into crypto activity tied to sanctioned entities.

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