Dubai-based crypto exchange tied to $4 billion Iran sanctioned-evasion network
Shelbit allegedly sent hundreds of millions of dollars to major crypto exchanges, including Binance, as it linked gambling sites and sanctioned Iranian entities to global crypto markets.
Watchlist
Published in the last two hours. A tracked entity is involved.
Why this matters
Binance is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CoinDeskRelated market context
New York sues Kalshi for allegedly operating illegal gambling, seeks $36 billion in damages
A New York victory could set a precedent, prompting states to demand gambling licenses from prediction markets, impacting crypto p...
Tom Cotton backs Trump’s strikes on Iran, calls leaders terrorists as crypto markets bleed $80 billion
Heightened geopolitical tensions could lead to increased economic sanctions, impacting global markets and complicating crypto comp...
US sanctions firms behind Iran’s Strait of Hormuz BTC insurance scheme
The US Treasury’s Office of Foreign Assets Control (OFAC)has sanctioned two Iranian maritime firms in an effort to stop Iran from...
Bitcoin Price Prediction: $10 Billion of BTC and ETH Option Expiry Hitting the Market Today
The largest single-day options expiry in recent months is clearing today, and the market is already pricing in the friction. Bitco...
How a $1.9 billion ‘Bitcoin reserve’ ended up in the top corporate rankings without buying a single coin
As of July 30, BitcoinTreasuries ranked Bitcoin Standard Treasury Company fifth among public companies, displaying 30,021 BTC wort...
Down to its last $4,000 in cash, a crypto firm holding millions in Solana is seeking a loan to survive $1.5M debt
UK-based Supernova Digital Assets has built a multimillion-pound crypto treasury, but its latest accounts expose the strategy’s le...