{"id":619598,"date":"2026-06-25T09:53:44","date_gmt":"2026-06-25T09:53:44","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/06\/25\/iran-linked-entities-moved-3-8b-through-coinex-trm-says\/"},"modified":"2026-06-25T09:53:44","modified_gmt":"2026-06-25T09:53:44","slug":"iran-linked-entities-moved-3-8b-through-coinex-trm-says","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/25\/iran-linked-entities-moved-3-8b-through-coinex-trm-says\/","title":{"rendered":"Iran-linked entities moved $3.8B through CoinEx, TRM says"},"content":{"rendered":"<p>TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange\u2019s 8% share of illicit transactions was substantially higher than its counterparts.<\/p>\n<p>Wallets with identifiable links to sanctioned Iranian entities have moved over $3.84 billion through cryptocurrency exchange CoinEx since 2019, making it one of the main channels used to bypass US economic sanctions, according to blockchain analytics company TRM Labs.<\/p>\n<p>About 60 Iranian platforms were tied to the funds, with $2.7 billion of this flowing between CoinEx and Nobitex, Iran\u2019s largest domestic cryptocurrency exchange, at an average rate of about $1 million per day since 2018, wrote TRM Labs in a Wednesday report.<\/p>\n<p>By 2024, CoinEx was Nobitex\u2019s largest external counterpart, nearly nine times that of the next-largest exchange, a pattern that TRM Labs called \u201cinconsistent with independent market behaviour.\u201d<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/iran-entities-moved-38-billion-coinex?utm_source=rss&amp;utm_medium=rss_feed_medium&amp;utm_campaign=rss_feed_medium\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange\u2019s 8% share of illicit transactions was substantially higher than its counterparts. Wallets with identifiable links to sanctioned Iranian entities have moved over $3.84 billion through cryptocurrency exchange CoinEx since 2019, making it one of the main channels [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":619599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-619598","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/619598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=619598"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/619598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/619599"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=619598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=619598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=619598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}