US Treasury sanctions two more Iran-linked crypto exchanges
As part of its ongoing “Economic Fury” campaign, the US Treasury has sanctioned two cryptocurrency exchanges—Shelbit and Aban Tether—for helping facilitate financial transactions for Iran’s Islamic Revolutionary Guard Corps (IRGC). Shelbit: Despite being registered in Dubai and lacking obvious ties to Iran, this exchange allegedly processed a massive $6.3 billion over two years. The Treasury […]
U.S. Sanctions Hezbollah’s “NGO” Gold Exchange
On February 10, 2026, the U.S. Treasury Department announced new sanctions against Jood SARL, a Lebanese gold exchange. Officials claim the company is not a legitimate non-governmental organization but a front used to convert gold reserves into cash for Hezbollah. Jood SARL is reportedly managed by Al-Qard al-Hassan (AQAH), a Hezbollah-run financial institution. After Israel […]
Surge in ‘Shadow Fleet’ Ships Reflagging to Russia to Dodge US Sanctions
Analysis by Lloyd’s List reveals a sharp increase in illicit “shadow fleet” vessels switching to the Russian registry in an attempt to shield themselves from US seizure. Last year, 40 suspicious ships joined the Russian registry—with 17 doing so in the last month alone—following Donald Trump’s announcement of a “blockade” on Venezuelan oil. Shipowners are […]
US Sanctions North Korean Bankers Over Cybercrime & Money Laundering
The U.S. has imposed sanctions on North Korean bankers, financial institutions, and entities accused of laundering money from cybercrimes. This decision aims to cut off the funding sources for North Korea’s illegal nuclear weapons program. Officials state that over $3 billion has been diverted to the regime through these schemes in the past three years. […]
US Intensifies Pressure on Iranian Oil Trade with New Sanctions
The United States government announced significant new sanctions on Thursday aimed at curbing Iran’s illicit petroleum trade. In a coordinated action, the Department of State and the Department of the Treasury targeted shipping and aviation networks accused of facilitating these sales. According to officials, the primary objective is to sever the financial lifelines that allow […]
US, UK sanction huge Southeast Asian crypto scam network
According to Al Jazeera, the crackdown targets a number of entities and individuals linked to the Prince Group network that used hundreds of thousands of trafficked workers for defrauding people around the world. The United States and United Kingdom have announced sweeping sanctions against a Southeast Asia-based multinational crime network for running a chain of […]
Panama removes over 650 ships from registry amid sanctions
As Reuters reported Panama’s Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter rules for the ships it flags. A total of 214 vessels have been withdrawn from Panama’s registry, among the world’s largest with more than 8,500 ships, […]
Hong Kong vows enforcement of UN Iran sanctions, hits out at US measures
Locally based Super Sources Industrial and owner Wang Chao among list of firms, individuals hit by US sanctions for alleged Iran missile programme support. The Hong Kong government has reaffirmed its commitment to strictly enforcing UN Security Council sanctions while hitting out at the United States’ unilateral decision to penalise a company based in the […]
Russia Asked U.S. to Lift Sanctions From Aeroflot
Russian authorities have asked Washington to lift sanctions against their flagship airline Aeroflot to resume direct flights with the United States but have not yet received an answer Russian Foreign Ministry Sergey Lavrov said that, “We made this offer at the meeting in [Saudi Arabia] more than a month ago. The Americans considered it, but so […]
OFAC sanctions 30 vessels which linked Iranian oil trade
The U.S. Treasury’s Office of Foreign Assets Control sanctioned a UAE-based Indian national who owns multiple shipping companies operating a shadow fleet of nearly 30 vessels linked to Iranian oil trade. According to OFAC, many of these ships are part of Iran’s so-called ‘shadow fleet’ and have been involved in transporting Iranian oil for the […]