U.S. Treasury sanctions eight Canadian firms over Iran Revolutionary Guard ties

U.S. Treasury sanctions eight Canadian firms over Iran Revolutionary Guard ties

Security
Sign in to pin this event

The U. S. Treasury announced on 7 November that it had sanctioned eight Canadian money-services companies, saying they had provided currency-exchange services to Iran’s Revolutionary Guard Corps to help the regime evade U.

S. sanctions and launder proceeds into digital assets. Earlier, on 6 November, the Treasury’s action was reported as targeting firms in British Columbia and Ontario that facilitated transactions bypassing Iran sanctions, including those linked to Ryan Wedding and an alleged drug-trafficking figure.

Actors

U.S. Treasury Scott Bessent Diverse Trade Inc. 1380079 BC Limited Top PC Technician Inc. NIA Nations Currency Ltd. 2397639 Ontario Ltd. CCC Inc. B Galaxy Inc. Darvish Exchange Financial Crimes Enforcement Network MEXC Global

Locations

Ontario, Canada British Columbia, Canada Seychelles Washington, DC, United States

Articles

November 07, 2026
2 total
U.S. Treasury sanctions eight Canadian currency-exchange firms for alleged Iran sanctions evasion
U.S. Treasury sanctions eight Canadian currency-exchange firms for alleged Iran sanctions evasion

Al Jazeera • 07 Nov 05:02

The U.S. Treasury announced sanctions on eight Canadian money-exchange businesses, accusing them of facilitating sanctions evasion for Iranian entities and laundering proceeds into digital assets.

Credibility 85% Manip. 12% Center
U.S. Treasury sanctions eight Canadian firms for alleged Iran-related financial services
U.S. Treasury sanctions eight Canadian firms for alleged Iran-related financial services

National Post • 07 Nov 01:31

The U.S. Treasury announced sanctions on eight Canadian companies it says facilitated currency exchanges for Iran's Revolutionary Guard Corps, helping the regime evade sanctions.

Credibility 88% Manip. 12% Center
November 06, 2026
4 total
U.S. Treasury sanctions eight Canadian currency-exchange firms for aiding Iran
U.S. Treasury sanctions eight Canadian currency-exchange firms for aiding Iran

CBC • 06 Nov 23:51

The U.S. Department of the Treasury imposed sanctions on eight Canadian money-exchange businesses accused of facilitating sanctions evasion and laundering for Iranian entities and an alleged drug-trafficking figure.

Credibility 85% Manip. 12% Center
U.S. Treasury sanctions eight Canadian firms linked to Iran sanctions evasion and Ryan Wedding
U.S. Treasury sanctions eight Canadian firms linked to Iran sanctions evasion and Ryan Wedding

Global News • 06 Nov 23:25

The U.S. Treasury announced sanctions on eight Canadian money-services businesses in British Columbia and Ontario, citing their role in facilitating transactions that bypassed sanctions on Iran and were used by Ryan Wedding.

Credibility 85% Manip. 12% Center
U.S. Treasury sanctions eight Canadian firms over alleged Iran sanctions evasion
U.S. Treasury sanctions eight Canadian firms over alleged Iran sanctions evasion

CP24 • 06 Nov 22:52

The U.S. Treasury announced sanctions on eight Canadian money-services companies, citing links to drug trafficker Ryan Wedding and alleged facilitation of Iran-related sanctions evasion.

Credibility 85% Manip. 12% Center
U.S. Treasury sanctions eight Canadian money-services firms for alleged Iran-related transactions
U.S. Treasury sanctions eight Canadian money-services firms for alleged Iran-related transactions

Reuters • 06 Nov 21:02

The Treasury Department imposed sanctions on eight Canada-based firms, cutting them off from the U.S. dollar system over alleged facilitation of transactions with sanctioned Iranian entities.

Credibility 88% Manip. 12% Center

Related events