Iran's IRGC Evades Sanctions via UK Crypto Platforms, Nearly $1B in Transactions
- Surge in Transaction Volume: The Iranian Revolutionary Guard Corps (IRGC) accounted for 56% of total trading volume on UK exchanges Zedcex and Zedxion between 2023 and 2025, highlighting their active role in sanctions evasion.
- Flow of Funds Analysis: TRM Labs found that IRGC-linked transactions skyrocketed from $24 million in 2023 to $619 million in 2024, before decreasing to $410 million in 2025, indicating a structural shift in financial pathways despite the nearly $1 billion total.
- Hidden Payment Routes: Analysts uncovered internal wallet clusters and recurring transaction routes linked to 187 wallet addresses associated with the IRGC, revealing a complex financial network operating under international sanctions.
- Increased Regulatory Pressure: As Iran explores cryptocurrency payments for arms transactions, UK crypto platforms are likely to face heightened scrutiny, especially given the challenges to public trust amid claims of adherence to anti-money laundering standards.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for 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, 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 $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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