2026-09-15 08:24
News Code: 563929

US seeks to seize $61m of Iran oil revenue

US seeks to seize $61m of Iran oil revenue

Washington has filed a lawsuit to seize $61 million in proceeds from Iranian oil sales, accusing Iran of laundering $1.5 billion in oil revenue through a cryptocurrency network operating in China.

to report «iusnews»; In a hostile move, the U.S. Justice Department announced a lawsuit seeking to confiscate $61 million of revenue from Iran's sanctioned oil sales. 

The Justice Department claimed Iran used a network active in cryptocurrency in China to launder $1.5 billion of its oil revenues. It said it filed a claim to confiscate $61 million of the proceeds from Iran's oil sales, which are subject to sanctions.

No further details were immediately provided.

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