Zenoo Compliance Brief
U.S. Treasury dismantles $150m Iranian crypto laundering network
Plus, OFAC Fines State Street $7.5m for Russian Sanctions Compliance..., OFAC adds three Iran-linked entities to SDN list under General..., AI systems cut AML false positives as institutions boost crypto....
20 February 2026 · 4 min read
Treasury's latest enforcement action cuts into the infrastructure Iranian actors use to dodge sanctions through cryptocurrency. It's a reminder that digital asset networks remain a priority target for OFAC. We've also got State Street's Russian violations, a fresh Iran general licence you'll want to flag to your desk, and research on where AI is actually landing in AML compliance next year, not just where vendors say it will.
In this edition
- Four years moving $150 million through crypto rails before anyone noticed. That's not detection failure, that's design.
- State Street manages $46 trillion in assets and still couldn't keep its Russia screening clean.
- General License W sounds generous until you read the calendar: you have until 30 May, then nothing.
- The dirty secret of AML is finally getting expensive enough to fix.
Subscribe to keep reading.
This content is free, but you must be subscribed to the Zenoo Compliance Brief to continue reading.
Free · Curated by compliance practitioners · Zero spam
Already a subscriber?