OFAC issues $3.1M fine to Exodus crypto wallet for Iran sanctions violations
Exodus issued enforcement action / civil penalty affecting OFAC on December 1, 2025.
- Primary
- Exodus
- Counterparty
- OFAC
- Amount
- $3M
- Structure
- enforcement action / civil penalty
- Date
- December 1, 2025
- Sub-sector
- Crypto / Digital Assets
OFAC enforcement against crypto wallet for sanctions evasion demonstrates regulator scrutiny of fintech compliance with Iran sanctions, including egregious staff-assisted VPN circumvention.
Source: americanbanker.com