Source: CoinDesk ↗
Dubai-based crypto exchange tied to $4 billion Iran sanctioned-evasion network
What the source reports
Shelbit allegedly sent hundreds of millions of dollars to major crypto exchanges, including Binance, as it linked gambling sites and sanctioned Iranian entities to global crypto markets.
Read the original report on CoinDesk ↗Live market context
BASED Based
$0.0803
+2.96% · 24h
7 supported listings
MAJOR Major
$0.0336
-4.38% · 24h
2 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →BOJ intervenes to defend yen near 160, holds rates steady
The Japanese yen crosses a key psychological level after the country’s central bank reportedly conducted a major currency intervention.
Robinhood’s crypto revenue plunged 38%, but a sudden explosion in options trading saved its record quarter
Robinhood's crypto-related transaction revenue in the fourth quarter of 2024 generated $358 million of the company's $672 million in transaction-based revenue, about 53% of the total. That concentration had flipped by the second quarter of 2026, when crypto revenue fell 38% year over year to $100 million and accounted for just 12.9% of transaction-based revenue. […]The postRobinhood’s crypto reven...
Major bitcoin wallet flaw drains $38 million worth of BTC in 25-minute sweep
A hardware wallet randomness bug turned “impossible to guess” seeds into guessable ones, and $38 million is already gone.