US Treasury targets 10 entities aiding Iran’s military efforts
The US Treasury has sanctioned 10 entities for supporting Iran’s military, marking a continued expansion of its "Economic Fury" sanctions campaign.Summary
The US Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned 10 individuals and companies across the Middle East, Asia, and Eastern Europe for facilitating Iran’s military procurement. These entities allegedly supplied components for weapons systems and drones to key Iranian organizations, including the Ministry of Defense and Armed Forces Logistics and the Islamic Revolutionary Guard Corps. This action is part of the "Economic Fury" campaign, which has issued over 1,000 Iran-related sanctions since February 2025. These sanctions freeze US-based assets and prohibit US entities from engaging in business with the designated parties. For the cryptocurrency sector, this expansion requires platforms to rigorously update their screening processes to avoid significant legal and financial liability.
(Source：Crypto Briefing)