The US sanctioned Iranian cryptocurrency exchange BitBank, its developer and three individuals, alleging they helped transfer hundreds of millions of dollars in Bitcoin to Iran’s Revolutionary Guard. Treasury said the action targeted a sanctions-evasion network linked to businessman Babak Zanjani
The funding round also saw the participation of DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack, CoinDCX said.
