$15M Bounty for Info on IRGC's Cryptocurrency Network

The US government has put a $15 million price tag on information that can unravel the financial plumbing of Iran's Islamic Revolutionary Guard Corps (IRGC). The State Department's Rewards for Justice program announced the bounty on May 19, targeting the IRGC and its external operations arm, the Qods Force.

The ask is specific: actionable intelligence on how the IRGC moves money. That includes front companies, cryptocurrency accounts, and illicit oil sales conducted through what officials describe as a 'shadow fleet' of tankers designed to skirt international sanctions.

The bounty didn't arrive in isolation. The US Treasury simultaneously sanctioned the Amin Exchange and 19 vessels tied to transporting Iranian oil and petrochemicals. Each entity was linked to sanctions evasion efforts that funnel revenue back to the IRGC's operations.