The U.S. Department of the Treasury has designated the A7 network, led by fugitive Moldovan oligarch Ilan Shor, as a significant transnational criminal organization, accusing it of helping Russia and Iran evade international sanctions, IPN reports.
According to Washington, shell companies linked to A7 processed more than $17 billion between January 2025 and June 2026.
The U.S. Treasury also cited A7’s own estimates, according to which the company had processed the equivalent of more than $91 billion by January 2026. The amount would account for approximately 13% of Russia’s total export transactions in 2025.
U.S. authorities say the A7 network was used by Iran’s Central Bank and the Islamic Revolutionary Guard Corps to facilitate money transfers, oil sales and weapons purchases, as well as to finance groups affiliated with Tehran, including Hamas.
The network has also been linked to Nobitex, Iran’s largest digital asset exchange, which was sanctioned by the United States in June 2026. According to the Treasury Department, A7 also facilitated transactions associated with North Korean cyberattacks targeting cryptocurrency platforms.
The A7 company, together with related entities A71 and A7-AGENT, had previously been placed under sanctions by the United States, the United Kingdom and the European Union.
The entities have been accused of helping Russia circumvent Western sanctions by disguising the true flow of funds and facilitating financial transfers linked to Moscow.
The latest designation further expands U.S. measures targeting networks accused of supporting sanctioned Russian and Iranian financial activity.