PANews November 1: According to The Block, the latest analysis from TRM Labs shows that since 2023, the Islamic Revolutionary Guard Corps (IRGC) has used two UK-registered cryptocurrency exchanges, Zedcex and Zedxion, to transfer approximately $1 billion 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 exchange, with most transactions conducted in USDT on Tron.
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PANews November 1: According to The Block, the latest analysis from TRM Labs shows that since 2023, the Islamic Revolutionary Guard Corps (IRGC) has used two UK-registered cryptocurrency exchanges, Zedcex and Zedxion, to transfer approximately $1 billion 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 exchange, with most transactions conducted in USDT on Tron.