CoinsAQ summary · neutral
US sanctions Iranian crypto exchange and its software developer over alleged IRGC Bitcoin transfers
What happened
Treasury says BitBank moved hundreds of millions of dollars in Bitcoin while its developer sat inside Babak Zanjani’s wider network. The US sanctioned Iranian crypto exchange BitBank, widening its campaign against digital-asset infrastructure allegedly used to finance the.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
Michael Saylor says Strategy can thrive without Bitcoin or equity
Michael Saylor says Strategy's massive Bitcoin treasury can generate $10B–$30B in digital credit without new equity or price gains.
California Retiree Loses $500,000 to Pig Butchering Scam, Then Falls for the Same Scam Again
A California retiree who lost his $500,000 life savings to a romance scheme known as pig butchering has fallen for the same kind of scam all over again. Adan Look, a retired San Francisco city gardener, started chatting with a new online love interest right after the first scam.
Binance updates Proof of Reserves addresses, will route all withdrawals through new wallets
Binance updated its Proof of Reserves wallet list and will route all withdrawals through new addresses as part of its post-breach recovery.