Khaberni - U.S. Treasury Secretary Scott Biscent said that Iranian regime leaders are transferring millions of dollars out of the country "frantically", comparing them to "rats fleeing a sinking ship".
These statements came during a hearing before the Senate Banking Committee in early February 2026, pointing to tracking massive financial transfers through monitoring U.S. sanctions.
Biscent reported observing transfers reaching tens of millions of dollars, either through bank transfers or smuggling, amid tightened U.S. sanctions.
Israeli and Iranian opposition reports alleged that $1.5 billion was moved through cryptocurrencies to Dubai, including $328 million linked to Mojtaba Khamenei, the son of Supreme Leader Ali Khamenei.
These movements coincide with the deployment of an American fleet in the Middle East and Trump administration warnings of possible attacks.
Iran has turned to cryptocurrencies since 2023 to bypass sanctions, according to several media sources, receiving $7.8 billion into its wallets in 2025, which attracted the attention of the United States to smuggling networks associated with the Revolutionary Guard.
The U.S. Treasury Department also targeted individuals like Babak Morteza Zanjani, who is accused of smuggling oil and using crypto.
