Developing2 outlets · over 1 day
Dubai crypto exchange tied to $4B Iran evasion
Shelbit, an unlicensed Dubai crypto exchange run by Siavash Kayvanpour, is the hub of a $4 billion Iranian sanctions-evasion scheme, moving hundreds of millions through Binance and serving Iran's central bank and IRGC-linked entities. The operation is tied to a massive illegal gambling network.
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