{
  "id": 18580922,
  "title": "U.S. Treasury sanctions Canadian firms connected to Ryan Wedding",
  "url": "https://urgent.news/2026/11/06/u-s-treasury-sanctions-canadian-firms-connected-to-ryan-wedding-18580922",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T22:18:35.000Z",
  "source": {
    "name": "Winnipeg Free Press",
    "slug": "winnipeg-free-press",
    "url": "https://www.winnipegfreepress.com/canada/2026/11/06/u-s-treasury-sanctions-canadian-firms-connected-to-ryan-wedding"
  },
  "original_language": "en",
  "account": "The United States Treasury Department has imposed sanctions on eight Canadian businesses for their alleged role in evading sanctions on Iran's government, according to a report by The Canadian Press. The sanctioned entities, operating primarily in British Columbia and Ontario, are accused of assisting money services businesses in laundering millions of dollars in drug money through the transfer of digital assets. The companies targeted include Million Exchange, NIA Nations Currency, Farah Exchange, Darvish Exchange, and several other numbered companies. The Treasury Department, in coordination with Canada's anti-money laundering watchdog, alleges that several of these businesses also collaborated with Ryan Wedding, a former Canadian Olympic snowboarder and alleged drug kingpin. Wedding was apprehended in January. Treasury Secretary Scott Bessent emphasizes that Canada cannot serve as a safe haven for sanctions evasion and financing the Iranian government.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "The Block",
        "title": "Treasury cuts off MEXC Global over alleged $16 billion in transactions linked to Iran, North Korea and Russia",
        "url": "https://urgent.news/2026/11/06/treasury-cuts-off-mexc-global-over-alleged-16-billion-in-transactions",
        "published": "2026-11-06T21:02:30.000Z"
      },
      {
        "outlet": "Al-Monitor",
        "title": "US Treasury sanctions Canadian money services firms over Iran-related transactions",
        "url": "https://urgent.news/2026/11/06/us-treasury-sanctions-canadian-money-services-firms-over-iran-related",
        "published": "2026-11-06T21:46:27.000Z"
      },
      {
        "outlet": "Times of India",
        "title": "US Treasury cracks down on Iran-linked money networks, sanctions Canadian firms",
        "url": "https://urgent.news/2026/11/06/us-treasury-cracks-down-on-iran-linked-money-networks-sanctions",
        "published": "2026-11-06T21:49:33.000Z"
      },
      {
        "outlet": "CityNews",
        "title": "U.S. Treasury sanctions Canadian firms connected to Ryan Wedding",
        "url": "https://urgent.news/2026/11/06/u-s-treasury-sanctions-canadian-firms-connected-to-ryan-wedding",
        "published": "2026-11-06T22:18:35.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "US Treasury sanctions Canadian money services firms over Iran-related transactions",
        "url": "https://urgent.news/2026/11/06/us-treasury-sanctions-canadian-money-services-firms-over-iran-related-18585899",
        "published": "2026-11-06T22:48:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}