Iranian Military Unit Moves $1B in Crypto Through UK Exchanges
- Scale of Fund Transfers: According to a report by TRM Labs, a sanctioned Iranian military unit moved approximately $1 billion in cryptocurrency through two UK-registered exchanges, highlighting the increasing significance of digital assets in circumventing international sanctions.
- Trading Volume Analysis: Between 2023 and 2025, transactions linked to the military unit accounted for an average of 56% of total trading volume on the two exchanges, peaking at 87% in 2024, indicating its substantial influence on the market.
- Compliance Failures: Despite claims on their websites prohibiting users from sanctioned jurisdictions and implementing anti-money laundering controls, the exchanges continued to process transactions linked to the Iranian military unit, revealing significant compliance failures that could lead to stricter regulatory scrutiny.
- Role of Digital Assets: The report notes that cryptocurrency has become a core component of Iran's shadow financial system, enabling sanctioned entities to sustain operations even as pressure on traditional financial channels intensifies, reflecting the complexities of the crypto market in global finance.
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Technical Analysis for U
Technical Sentiment Analysis for Union (U) As of , Union (U) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for U stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, U is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Union (U) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.97 | 0.977 | 0.989 | 0.996 | 1.007 | 1.014 | 1.026 |
| Fibonacci | 0.977 | 0.984 | 0.989 | 0.996 | 1.003 | 1.007 | 1.014 |
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