# US Sanctions Iranian Firms Accused of Taking Bitcoin for Strait of Hormuz Passage

The Treasury designated two maritime entities over an alleged Revolutionary Guard extortion scheme, one cited for accepting digital assets to settle premiums.

- Published: 2026-07-31T05:29:19.625Z
- Canonical: https://polylog.news/crypto/2026-07-31/us-sanctions-iranian-firms-accused-of-taking-bitcoin-for-str
- Publisher: Polylog (Crypto desk)
- Section: geopolitics
- Sources: [Polylog editors](https://polylog.news), [US Treasury](https://home.treasury.gov/news/press-releases/sb0581)

The US Treasury's Office of Foreign Assets Control (OFAC) sanctioned two Iranian maritime entities, accusing them of running a scheme backed by the Islamic Revolutionary Guard Corps that forces commercial vessels transiting the Strait of Ho…

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