CoinVoice has learned that, according to The Block, a recent analysis by TRM Labs shows that since 2023, the Islamic Revolutionary Guard Corps (IRGC) of Iran has transferred approximately $1 billion through two UK-registered cryptocurrency exchanges, Zedcex and Zedxion, to evade international sanctions.
From 2023 to 2025, transactions related to the Islamic Revolutionary Guard Corps (IRGC) account for 56% of the total trading volume on the exchanges, with the vast majority of transactions conducted on Tron using USDT.
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CoinVoice has learned that, according to The Block, a recent analysis by TRM Labs shows that since 2023, the Islamic Revolutionary Guard Corps (IRGC) of Iran has transferred approximately $1 billion through two UK-registered cryptocurrency exchanges, Zedcex and Zedxion, to evade international sanctions.
From 2023 to 2025, transactions related to the Islamic Revolutionary Guard Corps (IRGC) account for 56% of the total trading volume on the exchanges, with the vast majority of transactions conducted on Tron using USDT.