US State Department Offers $15 Million Reward to Target IRGC Financial Networks

The State Department notes that such tactics have evolved rapidly in response

The US Department of State has announced a $15 million reward for information leading to the disruption of financial networks supporting Iran’s Islamic Revolutionary Guard Corps. The initiative, managed through the Rewards for Justice program, focuses on uncovering crypto-based schemes used to evade sanctions. The offer was made public as part of broader efforts to pressure Tehran’s elite military and economic apparatus. This move reflects growing concern over how the IRGC leverages digital assets to bypass international financial restrictions. Officials say the Guard has increasingly turned to cryptocurrencies and front companies to move funds globally. The reward aims to incentivize insiders, analysts, and whistleblowers to provide actionable intelligence on these covert operations. How Crypto Enables Sanctions Evasion by the IRGC Investigators have traced illicit funds through mixers, decentralized exchanges, and peer-to-peer platforms linked to IRGC-affiliated entities. These methods obscure transaction trails, making traditional tracking difficult.

The State Department notes that such tactics have evolved rapidly in response to heightened sanctions pressure. Disrupting these flows requires both technical expertise and human intelligence from within the networks. What Specific Information Is the Reward Seeking? The program is looking for details on key individuals, wallet addresses, conversion points, and logistics networks enabling illicit crypto use. Information that leads to sanctions designations or asset freezes qualifies for the reward. Officials emphasize that tips must be credible, verifiable, and directly tied to disrupting the IRGC’s financial infrastructure. Anonymity and protection are guaranteed for those who come forward. Frequently Asked Questions Who can submit information for the $15 million reward? Anyone with credible information about the IRGC’s financial networks, including crypto-related activities, can submit tips through the Rewards for Justice program, regardless of nationality or location. How is the reward paid if the information leads to results?

The reward is disbursed after verification that the information directly contributed to a specific outcome, such as sanctions designations, asset seizures, or disruption of financial operations, as determined by the State Department. What types of crypto activities are of particular interest? The program seeks details on the use of mixers, peer-to-peer platforms, decentralized finance tools, and front companies used to convert or move funds linked to the IRGC in violation of sanctions.