Islamic Revolutionary Guard Corps
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Treasury widens Iran crypto crackdown with sanctions on two more exchanges
The U.S. Treasury has expanded its sanctions against Iran's cryptocurrency activities, designating Shelbit Exchange and Aban Tether for allegedly facilitating illicit financial transactions. These entities are accused of helping Iran move funds beyond conventional banking systems, with Shelbit linked to over $2 million in transactions involving the Islamic Revolutionary Guard Corps. The Treasury aims to dismantle these networks, highlighting that while blockchain offers an alternative for sanctioned states, it also leaves a traceable record.
Iran threatens imminent attacks on US tech companies in the Middle East
Iran's Islamic Revolutionary Guard Corps has threatened imminent attacks on US tech companies operating in the Middle East, including Apple, Google, Meta, NVIDIA, Microsoft, and others. The IRGC warned employees to leave their workplaces immediately and stated that these companies are legitimate targets in response to US actions. This threat follows recent drone strikes on Amazon data centers in Bahrain and the UAE.