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Why Tornado Cash sanctions are drawing fierce criticism, potential court challenge from crypto group
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Treasury sanctions alleged Iranian hackers as part of ‘economic D
US Treasury sanctioned four Iranians linked to MOIS-directed hacks that compromised and exfiltrated data from US critical infrastructure, energy, defense, and financial targets.
The Treasury Department designated four Iranian individuals over alleged hacking and cybertheft against US companies in energy, defense, healthcare, IT, and financial sectors since at least late 2023, as part of an 'economic D-Day' sanctions package. It is the second action in weeks against the group, following an indictment of cybercriminals affiliated with Tehran's Mabna Institute; leadership includes Behzad Mesri, first sanctioned in 2018, and the attacks are described as directed by the Ministry of Intelligence and Security (MOIS). Treasury also expanded secondary-sanction categories across digital assets, technology, gold, aviation, and shipping, and noted some group members pursued personal enrichment, including targeting Iranian companies.
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