PayPal, an early and centralized attempt at establishing a primitive form of Internet money, has announced a settlement with the United States Treasury Department. PayPal will pay the Treasury Department 7.7 million United States Dollars for having disregarded sanctions enacted by the United States Government against Iran, Cuba, and others. Examples of transactions and accounts PayPal admits allowing span from 2009 to April 2013 when PayPal enacted a system to screen in real time for prohibited payments. PayPal reports spending substantial effort over the past two years to strengthen its ability to comply with sanctions.