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Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says

Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through...

Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
Illustration: BidAsk

Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil chokepoint.

Crypto prices move fast — any price figures above are as reported by the source on its publish date, not as of today.

This is an automated news brief. All facts above come from the source linked below; see the original for full context.

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