Members of Iran’s ruling elite are said to have moved "tens of millions of dollars" out of the country as the U.S. imposed fresh sanctions over the regime’s violent protest crackdown, according to Ali Khamenei allegedly transferring roughly $328 million overseas as part of an estimated $1.5 billion shift in recent days, Channel 14 reported.
"There were also some reports on social media about large volumes of Bitcoin being transferred, or other kinds of financial assets. I haven’t been able to independently confirm that, but it is something that’s being discussed," Ben Taleblu added.
"The fact that the Treasury Department is looking at this tells you quite seriously that Washington is also trying to link its foreign economic policy with its national security policy," he said.
Ben Taleblu also claimed Iran’s shadow banking system has been deeply embedded in global finance, with billions of dollars routed through jurisdictions "including the United Arab Emirates, Hong Kong and Singapore."
"In the past, Washington has tracked the regime’s shadow banking activities, which, unfortunately, even include trade and money laundering through friendlier, more Western-leaning jurisdictions," Ben Taleblu explained.
"In fact, the Treasury Department identified almost $9 billion of Donald Trump’s next move.
"All eyes right now are on President Trump to see if he takes a page from the Reagan playbook, the Obama playbook, or something else entirely," Ben Taleblu said.
"The million-dollar question is whether there will be something kinetic, especially after the most violent crackdown against protesters in the Islamic Republic’s history."
"Economic sanctions are helpful and necessary," he added, "but they are nowhere near sufficient to level the playing field between the street and the state."