Iran's Revolutionary Guard Corps Transfers About $1 Billion Through UK Crypto Exchange
BlockBeats News, January 11, Blockchain analytics company TRM Labs reported that the Islamic Revolutionary Guard Corps (IRGC) of Iran has been transferring funds since 2023 through two UK-registered cryptocurrency exchanges, Zedcex and Zedxion, amounting to approximately $1 billion to evade international sanctions.
IRGC-related transactions accounted for 56% of the total volume on the two exchanges from 2023 to 2025, mostly using the Tron network's USDT. The funds grew from around $24 million in 2023 to $619 million in 2024 and $410 million in 2025. The two exchanges claim to comply with anti-money laundering regulations but did not respond to requests for comments. (The Block)
You may also like
Champion's Final Bow: FC Barcelona vs Real Betis – Celebrate the Title with a Home Finale
Best Oil Trading Platform for Crypto Users in 2026
5 Futures Trading Strategies Smart Traders Use to Cut Crypto Fees and Boost Futures Returns
What Is TradFi? How Crypto Traders Can Now Access Crude Oil, Gold, and Global Markets
How WEEX Bridges Crypto and Football: A Deep Look at the LALIGA Partnership Inside the WEEX App
WEEX is not just a LALIGA sponsor. It’s a true partner. From iPhone Dynamic Island to LALIGA-themed app icons and smart posters, see how WEEX brings football passion into every trade — and builds a real bridge between crypto and sports.
FC Barcelona vs Real Madrid Preview: El Clásico – Can Barça Clinch the Title at Spotify Camp Nou?
FC Barcelona vs Real Madrid El Clásico match preview for May 11, 2026. Barça need just 1 point to win LALIGA. Can Madrid delay the trophy? Full preview inside.
At the Stripe conference, I saw the future of the AI economy
Miners welcome a new life
Seven Important Judgments by Claude Code's Founder at the Sequoia Conference
The payment moment of AI agents: Who will become the Stripe of the machine economy?
Morning Report | MoonPay acquires Solana's execution layer DFlow; Strategy releases Q1 financial report; Manta Network announces the termination of Manta staking program
Rented Tracks: What is this wave of stablecoin FX hot money really paying for?
Dialogue Velocity Eric: What is the stablecoin track that the CFO really wants?
Strategy should have said that selling coins is not ruled out
How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy
Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.
Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?
Polymarket Underlying Algorithm Explained
Champion's Final Bow: FC Barcelona vs Real Betis – Celebrate the Title with a Home Finale
Best Oil Trading Platform for Crypto Users in 2026
5 Futures Trading Strategies Smart Traders Use to Cut Crypto Fees and Boost Futures Returns
What Is TradFi? How Crypto Traders Can Now Access Crude Oil, Gold, and Global Markets
How WEEX Bridges Crypto and Football: A Deep Look at the LALIGA Partnership Inside the WEEX App
WEEX is not just a LALIGA sponsor. It’s a true partner. From iPhone Dynamic Island to LALIGA-themed app icons and smart posters, see how WEEX brings football passion into every trade — and builds a real bridge between crypto and sports.
FC Barcelona vs Real Madrid Preview: El Clásico – Can Barça Clinch the Title at Spotify Camp Nou?
FC Barcelona vs Real Madrid El Clásico match preview for May 11, 2026. Barça need just 1 point to win LALIGA. Can Madrid delay the trophy? Full preview inside.
