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Revolutionary Guards-linked crypto network moved billions through Dubai exchange, Reuters investigation finds
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FOMOGRAM Editorial Desk
Aug 6, 2026
EXECUTIVE SUMMARY
A Reuters investigation revealed that Dubai's Shelbit exchange processed $4 billion in transactions linked to Iran's IRGC. The findings raise concerns over sanctions evasion and regulatory scrutiny but do not directly impact specific cryptocurrencies.
A Reuters investigation revealed that Dubai's Shelbit exchange processed $4 billion in transactions linked to Iran's IRGC. The findings raise concerns over sanctions evasion and regulatory scrutiny but do not directly impact specific cryptocurrencies.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Investigation into unlicensed exchange highlights regulatory risks but lacks immediate trading implications for tracked cryptocurrencies.
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