WSJ: Iranian Entities Conducted Over $3.84 Billion in Transactions via CoinEx

PANews June 25 news, according to The Wall Street Journal, analysis of public blockchain data shows that Iranian entities conducted over $3.84 billion in transactions through the cryptocurrency exchange CoinEx. The investigation found that suspicious transactions earlier this year linked to two digital wallets controlled by Iran's central bank could be traced back to $1.5 billion stolen by North Korean hackers from Bybit. After the funds arrived at the Iranian wallets, they passed through a complex maze of transactions before ultimately flowing to CoinEx — an exchange that has become a key channel for Iran to use cryptocurrency to evade broad U.S. economic sanctions.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Animoca Brands Makes Strategic Investment in Stablecoin Payment Infrastructure Provider AllScale
PANews Newsflash