TRM Labs Report: Iranian Revolutionary Guard Corps Uses Cryptocurrency Exchanges to Evade Sanctions, Involving Approximately $1 Billion

Odaily Planet Daily reports that blockchain analysis company TRM Labs recently released a report indicating that since 2023, the Islamic Revolutionary Guard Corps (IRGC) of Iran has used two UK-registered cryptocurrency exchanges, Zedcex and Zedxion, to transfer approximately $1 billion to evade international economic sanctions.

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