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Iran-linked exchange sent $676 million to Binance in alleged sanctions-evasion operation: Reuters

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FOMOGRAM Editorial Desk
Aug 2, 2026
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Iran-linked exchange sent $676 million to Binance in alleged sanctions-evasion operation: Reuters
EXECUTIVE SUMMARY

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.

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.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

Allegations of sanctions evasion involving a Binance-linked exchange could lead to regulatory scrutiny, negatively impacting BNB's market perception.

BNB OVERALL MARKET INDEX: 16 / 100 (BEARISH)

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