Crypto news report · source clearly identified
U.S. DOJ Targets $61 Million in Iran‑Linked Crypto Proceeds
The Department of Justice has filed a civil forfeiture complaint seeking $61 million in cryptocurrency tied to Iran’s illicit black‑market oil sales, alleging the funds support the Iranian military.
U.S. prosecutors have moved to seize $61 million in cryptocurrency that they say originated from Iran’s illegal black‑market oil sales. The civil forfeiture complaint alleges the digital assets were used to fund the Iranian military.
Legal action
The Department of Justice filed the complaint in a civil court, seeking forfeiture of the crypto proceeds and related assets.
Alleged source of funds
According to the filing, the cryptocurrency was generated from sales of oil on the black market, a revenue stream the DOJ describes as illicit and linked to Iran’s sanctioned activities.
Purpose of the proceeds
The complaint states that the funds were channeled to support Iran’s military operations, highlighting a nexus between digital currency transactions and sanctioned state activities.
Source & attribution
News Source
- Publisher
- CoinDesk
- Original date
- September 15, 2026, 5:12 AM
- Original headline
- U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales