Svmuu News: Wallets with clear ties to Iran have transferred over $3.84 billion in transaction funds through the cryptocurrency exchange CoinEx since 2019. Among these, CoinEx-hosted wallets received hacked crypto assets obtained by the Central Bank of Iran and directly transacted with accounts previously attributed to Iran's Islamic Revolutionary Guard Corps by U.S. officials.
Blockchain data shows that in 2024, CoinEx has replaced Binance as the largest foreign counterparty for Nobitex, Iran's largest domestic crypto exchange. Last year, funds exchanged between Nobitex and CoinEx exceeded $763 million. Additionally, between 2022 and 2025, CoinEx-hosted wallets also processed transactions for Alireza Derakhshan, an Iranian individual allegedly involved in a sanctioned oil sales network. (WSJ)
Faster global financial news!
WSJ: Wallets Linked to Iran Have Transferred Over $3.84 Billion in Assets Through CoinEx
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
-
2
What is FLOW? An Analysis of the Flow Blockchain Ecosystem and Its Current Status
-
3
China's tech stocks lose luster as STAR 50 Index plunges over 40% from July peak, CATL falls 37% YTD amid AI profit doubts
-
4
LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
-
5
Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
-
6
Obama criticizes Trump's Iran war, citing US vulnerability and rising oil prices
-
7
Thailand's Kasikornbank taps AI to expand wealth management customer base
-
8
Iran's Islamic Revolutionary Guard Corps claims to have shot down a US-made MQ-1 drone near the Strait of Hormuz.
-
9
Unlimit founder backs Phase blockchain with $45M as mainnet launches
-
10
Global Business Forum Urges Business Leaders to Embrace AI and Rethink Strategies
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
