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News Explorer — TRM Labs' Report Exposes UK Crypto Exchanges Aiding Iran's IRGC in Evading Sanctions

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Jan 12, 6:09 pm
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TRM Labs' Report Exposes UK Crypto Exchanges Aiding Iran's IRGC in Evading Sanctions

TRM Labs' 2026 Crypto Crime Report reveals that UK-based crypto exchanges Zedcex and Zedxion facilitated billions in stablecoin transfers for Iran's IRGC, evading sanctions. The report exposes the interconnected operations of the two companies, with significant funds moved on behalf of the IRGC.

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