https://irannewsupdate.com/news/economy/irans-regime-exposed-billion-dollar-crypto-network-used-to-evade-sanctions-and-fund-proxy-groups/?amp
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According to the report, published on Monday, the operation is closely tied to the Islamic Revolutionary Guard Corps (IRGC), which has allegedly used cryptocurrency exchanges—identified as Zedcex and Zedxion—to convert illicit oil revenues into digital assets. This mechanism allowed Tehran to circumvent sanctions and discreetly transfer funds across borders..."