U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales

Crypto Insight Summary: Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory scrutiny on crypto for illicit activities may deter investors.