U.S. Treasury Secretary: Disrupted Iran's International Shadow Bank and Cryptocurrency Channels, Causing Them to Lose Billions of Dollars in Revenue

BlockBeats News, April 29th, U.S. Treasury Secretary Benson announced that the U.S. Department of the Treasury, through the "Economic Fury" operation, targeted Iran's international shadow banking infrastructure, cryptocurrency access channels, shadow fleet, weapons procurement network, and funding support for regional terrorist proxies. These actions have disrupted its multi-billion-dollar revenue, which was intended to fund terrorism. Under the maximum pressure campaign of the Trump administration, Tehran's inflation rate has doubled, and its currency has rapidly depreciated. Iran's key oil export terminal on Kharg Island is nearing storage capacity, forcing it to reduce oil production, resulting in additional daily revenue losses of about $170 million and causing permanent damage to Iran's oil infrastructure. The U.S. Department of the Treasury will continue to apply maximum pressure, and any individual, vessel, or entity assisting in the illicit flow of funds to Tehran will face the risk of U.S. sanctions.