Iran-linked exchange sent $676 million to Binance in alleged sanctions-evasion operation: Reuters
Dubai-based Shelbit processed over $4 billion since May 2024 through a network tied to Iranian gambling sites, the central bank, and the IRGC, per Reuters.
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Fresh in the current trading session. The story has cross-source confirmation.
Dubai-based Shelbit processed over $4 billion since May 2024 through a network tied to Iranian gambling sites, the central bank, and the IRGC, per Reuters.
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
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Cross-source coverage
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Iran-linked exchange sent $676M to Binance in sanctions-evasion scheme: Reuters
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