Iran Revolutionary Guard Cryptocurrency: Trends in Sanctions Evasion
The Iran Revolutionary Guard cryptocurrency has emerged as a significant mechanism for the Islamic Revolutionary Guard Corps (IRGC) to circumvent crippling international sanctions.In a recent study released by TRM Labs, it was uncovered that since 2023, the IRGC has allegedly channeled around $1 billion through various cryptocurrency exchanges, particularly highlighting platforms like Zedcex and Zedxion in their operations.