Operation Economic Outcast Disrupts Digital Asset Exchange Enabling the Iranian Regime

Today’s designations of Iranian digital asset infrastructure make perfectly clear that efforts to finance the Iranian regime using cryptocurrencies are not beyond OFAC’s reach. If you support the Iranian regime, the Department of the Treasury will sanction you. https://t.co/lM73Do5HZ8

— Treasury Secretary Scott Bessent (@SecScottBessent) September 17, 2026

… venture controlled by OFAC-designated Iranian financier Babak Zanjani; BitBank’s developer, Pishtaz Simorgh Electronic Trade Company; and three associates of Zanjani.