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sanctions

U.S. Treasury Secretary Scott Bessent announces a new set of sanctions against Iran, describing them as “an economic D-Day,” in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Bessent threatened Iran in an opinion piece in the Financial Times on Sunday with “the single greatest financial offensive ever”, almost six months after the United States and Israel launched a war against Iran in February. (Photo by Chip Somodevilla/Getty Images)

Treasury sanctions alleged Iranian hackers as part of ‘economic D-Day’

It’s a follow-up to an indictment the Justice Department unsealed last week against people affiliated with the Mabna Institute.
The entrance to O’Smach on the Thailand Cambodia border on March 12, 2026 in Oddar Meanchey, Cambodia. The Thai government led a group of foreign press to the O’Smach casino compound near the Chong Chom O’Smach border crossing in Oddar Meanchey province, previously used for scam operations, after clashes between Thailand and Cambodia along the disputed border in December. The interiors show where scammers lived in dormitories and their workspace. (Photo by Getty Images/Getty Images)

Justice Department seizes infrastructure used by cyber scam and criminal marketplace

Also Tuesday, the Treasury Department took action against the same Cambodian company, Huione Group, and affiliates.
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