U.S. Department of Justice Pursues $61 Million Claim Over Iran's Crypto‑Financed Black‑Market Oil Trade
In a decisive legal maneuver, the United States Department of Justice has initiated a civil forfeiture proceeding aimed at seizing roughly $61 million that it alleges represents the proceeds of Iran’s clandestine oil transactions, which have been financed through cryptocurrency. The filing, submitted by the DOJ’s Criminal Division, accuses Iran of operating a covert black‑market oil network that …
Sept. 15, 2026, 5:12 a.m.