Regulatory · Crypto / Digital Assets · 2025

OFAC issues $3.1M fine to Exodus crypto wallet for Iran sanctions violations

Exodus issued OFAC enforcement action and fine affecting OFAC on December 1, 2025.

Primary
Exodus
Counterparty
OFAC
Amount
$3M
Structure
OFAC enforcement action and fine
Date
December 1, 2025
Sub-sector
Crypto / Digital Assets

Enforcement action signals regulators expect crypto fintechs to maintain independent OFAC compliance controls regardless of banking partnerships.

Primary company
Exodus
Counterparty
OFAC
Amount
$3M
Event date
December 1, 2025
HQ
Structure
OFAC enforcement action and fine
Source published
March 3, 2026
Publisher
American Banker

Source: americanbanker.com