Iran (IMNA)- The US Treasury Department’s Office of Foreign Assets Control (OFAC) announced on Tuesday that four individuals and four entities associated with Iran had been added to the US sanctions list.
According to the Treasury Department, the four sanctioned individuals are connected to Nobitex, Iran’s largest cryptocurrency exchange. The sanctions also target three other companies operating in financial and cryptocurrency services: Bitpin, Ramzinex, and Wallex.
The Treasury Department, reiterating longstanding allegations against Iran, said OFAC had sanctioned Nobitex and three other digital asset exchanges under what it described as the “Economic Fury” campaign and within the framework of President Donald Trump’s efforts to counter what it called Iran’s threat.
The latest sanctions were announced despite ongoing efforts by the Trump administration to reach an agreement with the Islamic Republic of Iran after failing to achieve its objectives through military action against Tehran.
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