NEWSJan 23, 2024U.S. Sanctions Fly Baghdad for Financing Iran-Backed Terrorist Groups in Syria, Lebanon, and IraqThe U.S. has placed sanctions on Iraq's Fly Baghdad and its CEO, Basheer Abdulkadhim Alwan al-Shabbani, for assisting Iran-backed militant groups across the Middle East. The sanctions were announced on January 23, alongside a fifth round of sanctions on Hamas for using cryptocurrency to finance their operations. According to the U.S. Treasury Department (USDT), Fly Baghdad and its CEO have worked with the Islamic Revolutionary Guard Corps (IRGC) and Iranian proxy groups in Iraq, Syria, and Lebanon.Read More →
