OP, some context from the other side might be helpful. Yes, there are fines for American companies if they do business with Iranians. That's how sanctions work as I'm sure you're aware. But the story doesn't stop there. If an American finds out they are transacting with a sanctioned individual, or citizens of a sanctioned country like Iran or North Korea, the stakes go up: $1M USD fine and up to 20 years in federal p…
It's just a threat the fedcops get to use to force you to take a plea deal. It's basically a big boy version of how your local prosecutor behaves. Instead of filing BS charges that will never stick in an attempt to "mark it up to mark it down", the fedcops are more equal so they have
Every time you see someone on HN screeching about how we ought to have federal regulation and stiff penalties for whatever their pet issue is remember that this is what that looks like.