Treasury Sanctions Hizballah Operatives Exploiting Lebanon’s Cash Economy

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking action to support the disarmament of Hizballah by sanctioning individuals who facilitated funneling tens of millions of dollars from Iran to Hizballah in 2025, using exchange houses to take advantage of Lebanon’s cash-based financial sector. Hizballah uses these funds to support its paramilitary forces, rebuild its terrorist infrastructure, and resist the Lebanese government’s efforts to assert sovereign control over all Lebanese territory. Hizballah’s exploitation of money exchange companies and the cash economy to launder illicit funds threatens the integrity of the Lebanese financial system by blending terror financing with legitimate commerce.“Lebanon has an opportunity to be free, prosperous, and secure—but that can only happen if Hizballah is fully disarmed and cut off from Iran’s funding and control,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence John K.