Iran Outsmarts US Sanctions With Scheme Linked To Trump's Ex Commerce Secretary

Iran Outsmarts US Sanctions With Scheme Linked To Trumps Ex Commerce Secretary

Iran has been using a dollar-pegged cryptocurrency as a key tool to circumvent U.S. sanctions, according to a recent Senate report. This cryptocurrency, issued by Tether, is reportedly entangled with financial interests linked to Howard Lutnick, a former Commerce Secretary under President Donald Trump. The Senate Permanent Subcommittee on Investigations, led by Senator Richard Blumenthal of Connecticut, highlighted that Tether’s USDT stablecoin has become an … Continue reading Iran Outsmarts US Sanctions With Scheme Linked To Trumps Ex Commerce Secretary