TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange’s 8% share of illicit transactions was substantially higher than its counterparts.
TRM Labs identified $3.8 billion in transactions by 60 sanctioned Iranian entities via the CoinEx exchange. CoinEx's involvement in these illicit activities, accounting for 8% of such transactions, is significantly higher compared to other exchanges. This highlights concerns…
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