How Iran Moved $2 Billion in Crypto Through Militant Proxies
Iran’s Islamic Revolutionary Guard Corps (IRGC) transacted more than $2 billion in cryptocurrency to avoid sanctions and fuel cybercriminal operations, according to Chainalysis. The figure could be higher, given that it only accounts for sanctions designations from the US. Iran’s situation reflects an exponential rise in illicit cryptocurrency transactions, driven by other sanctions from countries...
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