CoinEx processed $3.8 billion in Iran-linked funds, acting as crypto gateway: TRM Labs
The Block·
60-second summary
CoinEx is processing $3.8 billion in Iran-linked funds, acting as a crypto gateway, according to TRM Labs. The exchange has also interacted with terrorist organizations, including the Islamic Revolutionary Guard Corps, and sanctioned Russian entities, raising concerns about its compliance with international regulations and potential money laundering risks for the global cryptocurrency market.
CoinEx has also interacted with terrorist organizations, including the Islamic Revolutionary Guard Corps, and sanctioned Russian entities.