U.S. prosecutors allege that the targeted cryptocurrency was intended to finance the Iranian government, its military, and the Islamic Revolutionary Guard Corps

From the articleUS Seeks Forfeiture of $61 Million in Iranian Oil Proceeds Allegedly Laundered Through BinanceAlso in U.S. seeks to seize $61 million of crypto it claims are proceeds from Iranian petroleum sales to Chinese buyers, DOJ Says Millions in Iranian Oil Proceeds Laundered on Binance, US DOJ seeks forfeiture of $61M in crypto allegedly tied to Iranian military, US Seeks Forfeiture of $61 Million in Crypto Linked to Alleged Iranian Oil Scheme - Decrypt, U.S. DOJ seeks $61M in alleged Iran oil crypto proceeds, US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance, U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales