A major investigation has raised questions over whether Iran used covert cryptocurrency networks to evade sanctions and fund operations linked to the Islamic Revolutionary Guard Corps (IRGC). According to a The Wall Street Journal report, over $2.5 billion allegedly moved through networks tied to controversial Iranian businessman Babak Zanjani, with some transactions reportedly linked to Binance-associated channels. The United States Department of Justice has now launched a probe into possible sanctions evasion and terror financing, while Binance denies allowing sanctioned entities direct access to its platform.
Mojtaba fooling Trump? $2.5 Billion Iran's crypto network funding IRGC, proxies exposed|US, Binanc
A major investigation has raised questions over whether Iran used covert cryptocurrency networks to evade sanctions and fund operations linked to the Islamic Revolutionary Guard Corps (IRGC). According to a The Wall Street Journal report, over $2.5 billion allegedly moved through networks tied to controversial Iranian businessman Babak Zanjani, with some transactions reportedly linked to Binance-associated channels. The United States Department of Justice has now launched a probe into possible sanctions evasion and terror financing, while Binance denies allowing sanctioned entities direct access to its platform.
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