U.S. Says Bitcoin Exchange Funded Iran’s Strait of Hormuz Toll Booth
Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
U.S. officials say an Iranian bitcoin exchange was used to process payments linked to a toll operation at the Strait of Hormuz, a strategically important waterway.
The allegation connects cryptocurrency infrastructure with activity surrounding one of the world’s most significant maritime trade routes. However, no further details were provided about the exchange, the transactions, or the parties involved.
