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World
The US has announced a $15 million reward for information leading to the disruption of Iranian Revolutionary Guard Corps financing networks.
In the early hours of Saturday, the United States declared a substantial financial reward for anyone providing information that would help dismantle the financing networks of the Iranian Revolutionary Guard Corps (IRGC).
The US State Department's "Rewards for Justice" program announced a bounty of up to $15 million for information that results in disrupting the financial mechanisms of the IRGC and its various branches.
The US Treasury Department reported that Iran's parallel banking system consists of numerous exchange offices overseeing an extensive network of foreign shell companies.
This structure enables Iranian banks under sanctions and their subsidiaries to facilitate the receipt of funds from Iran's foreign sales of oil, petrochemicals, and other goods.
The Treasury warned about exchange companies playing a significant role in Iran's foreign exchange market, having facilitated hundreds of millions of dollars in overseas transactions for sanctioned Iranian individuals.
US Treasury Secretary Scott Bessent previously stated that the department continues its economic campaign against the Iranian regime, describing the Iranian economy and currency as being in a state of total collapse.
Bessent, who announced additional sanctions targeting Iran in recent hours, emphasized that this deterioration will not cease unless a satisfactory outcome is reached in negotiations.
Earlier on Friday, Bessent revealed details of the US seizure of Iranian digital wallets and assets abroad, including one billion dollars in Iranian cryptocurrencies, as part of efforts to tighten the economic pressure on Iran.
The US has also imposed sanctions against a network that defrauds American companies to support the Iranian military.
