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Iran’s Revolutionary Guard moved $1 billion through UK-registered crypto exchanges, report finds

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Iran’s Revolutionary Guard moved $1 billion through UK-registered crypto exchanges, report finds

A report by TRM Labs reveals that Iran's Revolutionary Guard transferred $1 billion via UK-registered cryptocurrency exchanges, primarily utilizing Tether's USDT stablecoin on the Tron network. The findings highlight concerns regarding the use of digital currencies in circumventing international sanctions.

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Source: The Block · Report an issue