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US sanctions Dubai-based crypto exchange over alleged IRGC funding

Times of India

TechnologyTimes of India·Aug 7, 2026·1 min read

US sanctions Dubai-based crypto exchange over alleged IRGC funding

The United States sanctioned Dubai-based Shelbit for processing millions for Iran's state entities. This action targets sanctions evasion through cryptocurrency networks, as announced by the Treasury Department. Shelbit allegedly…

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