U.S. DOJ seeks $61M forfeiture over alleged Iran crypto oil laundering

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The U.S. Department of Justice has filed a civil forfeiture complaint targeting $61 million in cryptocurrency. Prosecutors allege the funds are proceeds from illegal Iranian oil sales conducted through black market channels. The DOJ claims Iran used crypto assets to launder revenue from these unauthorized petroleum transactions. The seized funds are alleged to have been intended to finance Iran's military operations.

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