US Agency Announces Sanctions Against Iranian Company

The United States’ Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced Friday sanctions on 7 individuals US officials say are tied to Iranian efforts to influence the American 2024 presidential election. 

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In a Friday statement, the Department of Treasury claims that Iranian “state actors” engaged in a number of activities, such as hack-and-leak operations and spear-phishing, to impact American elections. The agency says that these individuals have attempted to “undermine confidence in the United States’ election processes and institution .” Thus, the U.S. government will block “all property and interests” belonging to the implicated parties. 

“The U.S. government continues to closely monitor efforts by malicious actors to influence or interfere in the integrity of our elections,” said Bradley T. Smith, the Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence. “Treasury, as part of a whole-of-government effort leveraging all available tools and authorities, remains strongly committed to holding accountable those who see to undermine our institutions.” 

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Government agencies first acknowledged Iranian attempts to create instability among the American public in the summer of 2024, amid a deluge of demonstrations condemning Israel’s response to the Oct. 7 Hamas slaughters of roughly 1200 people across the Jewish state. According to the Department of Treasury, Iranian state actors have attempted to “gain access to individuals with direct access to the presidential campaigns” to exercise “influence” over the American elections. The agency alleges that government actors for Iran, the chief global sponsor of terrorism, have utilized “hacking” attacks to impact the upcoming elections. 

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