Revolutionary Guards-Linked Crypto Network Exposed in Reuters Investigation
A Reuters investigation has uncovered a network linked to Iran's Revolutionary Guards that moved billions of dollars through a Dubai-based exchange.
The network, which used a cryptocurrency called Bitcoin, allegedly laundered funds from various sources, including Iranian state-owned companies and individuals with ties to the regime.
The investigation found that the network utilized a combination of cryptocurrencies and traditional banking systems to move billions of dollars through the Dubai exchange, raising concerns about money laundering and financial terrorism.