TRM Labs Report: CoinEx Processed $3.84 Billion in Iran-Linked Crypto Transactions
By
NewsBTC Editorial Team
Summary
TRM Labs has published a report alleging that cryptocurrency exchange CoinEx processed $3.84 billion in transactions linked to Iranian users and entities over several years. The report highlights CoinEx as a major gateway for Iran-linked crypto activity, including flows connected to Iranian exchange infrastructure and sanctioned actors, raising significant compliance and sanctions screening concerns.
Source
bskyTRM Labs Report: CoinEx Processed $3.84 Billion in Iran-Linked Crypto Transactionsnewsbtc.comKey quotes
· 2 pulledTRM Labs has published a new report alleging that CoinEx became a major gateway for Iran-linked crypto activity, processing $3.84 billion in transactions tied to Iranian users and entities over several years.
The report names a range of flows connected to Iranian exchange infrastructure and sanctioned actors, making it one of the more significant compliance stories of the week.
You might also wanna read
CoinTracker Hiring to Simplify Crypto Taxes and Accounting
CoinTracker is hiring to solve crypto taxes and accounting challenges by enabling consumers, businesses, and exchanges to manage cryptocurre
news.ycombinator.com·11mo agoBinance Fired Employees Who Found $1.7B in Crypto Was Sent to Iran
Crypto Market Sees Record $19 Billion Liquidation Event Triggered by Political Miscommunication
The crypto market experienced its largest liquidation event ever on Friday, with approximately $19 billion wiped out in 24 hours due to forc
decrypt.co·8mo ago
Hacker Exploits Resolv Labs Smart Contract, Mints $80 Million in Fake Stablecoins
A hacker exploited a bug in Resolv Labs' smart contract to mint approximately $80 million worth of unbacked USR stablecoins. The protocol's
bfmtimes.com·3mo ago
The 2010 Bitcoin Bug That Created 184 Billion Coins Out of Thin Air
In August 2010, a hacker exploited a bug in Bitcoin's early code to create 184 billion Bitcoin out of thin air, completely bypassing the 21
decrypt.co·11mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.