US Treasury Sanctions Shelbit, Aban Tether Over Iran Fund Transfers

US Treasury Sanctions Shelbit, Aban Tether Over Iran Fund Transfers

N
News Editor
2026-08-07 18:47:55
The U.S. Treasury sanctioned crypto exchanges Shelbit and Aban Tether for allegedly helping Iran transfer money and evade sanctions. The measures extend a 2026 crackdown on Iran-linked crypto activity, also covering Nobitex, other Iranian exchanges, and central bank-linked wallets.

The U.S. Treasury Department has slapped sanctions on crypto exchanges Shelbit and Aban Tether, saying both helped Iran move funds and dodge sanctions.

This keeps up U.S. action from 2026 aimed at Iran-linked crypto activity. The sanctions also hit Nobitex and other Iranian exchanges, along with crypto wallets connected to Iran's central bank.

The designations land during the U.S.-Iran war and cover stablecoin issuers and exchanges that handle funds tied to Iranian entities.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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