‘Shadow Banking Network’ Supporting Iranian Military Sanctioned by US Government

The US Treasury Department has sanctioned a “shadow banking network” accused of funneling money around the world to support Iran’s military. The Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a pair of Iranian financial facilitators and more than a dozen individuals and entities based in Hong Kong and the United Arab Emirates (UAE). source: https://dailyhodl.com/2025/09/23/shadow-banking-network-supporting-iranian-military-sanctioned-by-us-government/