CoinEx Named as Iran Largest Crypto Sanctions Exit Route by TRM Labs
Blockchain analytics firm TRM Labs traced $3.84 billion in flows from wallets linked to more than 60 sanctioned Iranian entities through CoinEx since 2019, identifying the exchange as the primary external conduit for Iran-linked capital moving into global crypto markets. Of that total, $2.7 billion flowed specifically between CoinEx and Nobitex, Iran’s largest domestic exchange,…