Hyderabad, Sept. 15 -- The United States Justice Department on Monday, September 14, filed a civil forfeiture of USD 61 million in cryptocurrency, accusing the Iranian military of using black-market oil sales, according to a statement by the US Attorney's Office.

Deputy US Attorney Sean S Buckley said the move demonstrates the US' determination to deprive the Government of Iran and its "terrorist proxies" of the "illegal money" they rely on to threaten Washington. The Justice Department said Tehran is relying on black-market sales of sanctioned crude oil to "fund its military and foster terrorism in the Middle East and around the world."

Chinese companies and a UAE-based cryptocurrency exchange involved

The Justice Department's complai...