Shelbit, Dubai Crypto Exchange, Linked to Iran Sanctions Evasion via Gambling Network: Reuters
Covered by 6 sources · 6 articles
6 outlets - including Cryptobriefing, Theblock and Crypto and 3 more - are covering this story. The alleged sanctions-evasion scheme complicates U.S.-Iran nuclear talks, potentially reducing the likelihood of reaching a deal. The post Iran-linked exchange sent $676M to Binance in sanctions-evasion scheme: Reuters appeared first on Cry…
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Iran-linked exchange sent $676M to Binance in sanctions-evasion scheme: Reuters
The alleged sanctions-evasion scheme complicates U.S.-Iran nuclear talks, potentially reducing the likelihood of reaching a deal.
Iran-linked exchange sent $676 million to Binance in alleged sanctions-evasion operation: Reuters
Dubai-based Shelbit processed over $4 billion since May 2024 through a network tied to Iranian gambling sites, the central bank, and the IRGC, per Reuters.
The $4 billion Iran sanctions evasion network through crypto
The United States has sanctioned Iranian exchanges, frozen nearly $1 billion in cryptocurrency, and traced $3.84 billion in Iran-linked flows through a single offshore exchange, exposing the scale of sanctions evasion through digital assets…
Dubai-Based Gambling Network Linked to Massive $4B Iranian Sanctions-Evasion Operation
TL;DR A Dubai-based gambling network operating more than 2,000 platforms allegedly routed millions in cryptocurrency through Shelbit, an unlicensed exchange tied to a $4 billion operation. Shelbit reportedly moved hundreds of millions towar…
Dubai exchange Shelbit implicated in $4B Iranian sanctions evasion route
An unlicensed Dubai crypto exchange, Shelbit, moved at least $4 billion since May 2024 for Iranian gambling operators and sanctioned state entities, a series of investigations corroborated by Reuters revealed. The revelation makes it the la…
Shelbit, Dubai Crypto Exchange, Linked to Iran Sanctions Evasion via Gambling Network: Reuters
BitcoinWorld Shelbit, Dubai Crypto Exchange, Linked to Iran Sanctions Evasion via Gambling Network: Reuters Dubai-based cryptocurrency exchange Shelbit has been implicated in helping evade sanctions on Iran through its ties to a vast illega…