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Illustration of CoinEx denying crypto transactions with sanctioned Iranian entities, showing blockchain flows and denial stamps.
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CoinEx denies knowledge of $3.84 billion flows to sanctioned Iranian entities

Reported by AI Image generated by AI

Blockchain analytics firm TRM Labs reported that CoinEx facilitated more than $3.84 billion in crypto transactions with over 60 sanctioned Iranian platforms over seven years. CoinEx rejected the claims and stated it has begun exiting Iran-related business.

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