Crypto Exchange That Was Hub for Illicit Iran Cash Closes Suddenly

CoinEx said it was ceasing operations less than three months after a Wall Street Journal article spotlighted its use in Iran.

U.S. seeks to seize $61 million of crypto it claims are proceeds from Iranian petroleum sales to Chinese buyers

Two Chinese companies, are alleged to have used trading accounts in Binance to launder the illicit proceeds and funnel the ...
Decrypt

US Seeks Forfeiture of $61 Million in Crypto Linked to Alleged Iranian Oil Scheme

Prosecutors allege two Chinese companies used Binance accounts to launder oil proceeds benefiting Iran’s government and ...
Yahoo Finance

Treasury Sanctions Crypto Exchanges It Says Laundered Millions for Iran

The U.S. Treasury just sanctioned two crypto exchanges it says laundered millions for Iran's Revolutionary Guard—naming one operator who ran the scheme from Georgia and the UAE, and a second ...
U.S. News & World Report

US Sanctions Dubai Crypto Exchange for Aiding Iran's IRGC, Following a Reuters Report

US Sanctions Dubai Crypto Exchange for Aiding Iran's IRGC, Following a Reuters Report Aug 7 (Reuters) - The United States on Friday sanctioned an unlicensed multi-state ⁠cryptocurrency ...
CoinDesk

Dubai-based crypto exchange tied to $4 billion Iran sanctioned-evasion network

A vast Dubai-based illegal gambling network is allegedly channeling millions of dollars in cryptocurrency through Shelbit, an unlicensed exchange at the center of a $4 billion Iranian ...