PANews reported on January 11th that, according to The Block, a new analysis by TRM Labs reveals that since 2023, the Iranian Islamic Revolutionary Guard Corps (IRGC) has used two UK-registered cryptocurrency exchanges, Zedcex and Zedxion, to transfer approximately $1 billion to circumvent international sanctions. Between 2023 and 2025, transactions related to the IRGC accounted for 56% of the exchanges' total trading volume, with the vast majority of these transactions conducted on Tron using USDT.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
[email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.