Iranian regime elites allegedly move millions of dollars out of country amid sanctions

AI Summary
Reports allege that Iranian regime elites are moving millions of dollars out of the country amid new U.S. sanctions imposed in response to the government's violent crackdown on protests. The alleged "capital flight" coincides with the U.S. Treasury Department's action against shadow banking networks used by Iranian elites to launder revenue from the country's natural resources. Treasury Secretary Scott Bessent stated his department tracked "tens of millions of dollars" being wired out of Iran by leaders. Some reports indicate Mojtaba Khamenei, son of Supreme Leader Ayatollah Ali Khamenei, allegedly transferred a substantial amount overseas. Experts suggest that if confirmed, the U.S. should monitor, block, and seize these assets tied to sanctioned individuals.
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