IRGC Transfers $1 Billion via UK Exchanges Amid Sanctions Evasion
- Scale of Transfers: Since 2023, the Iranian Islamic Revolutionary Guard Corps (IRGC) has transferred approximately $1 billion through UK-registered exchanges Zedcex and Zedxion, primarily in USDT, revealing significant vulnerabilities in cryptocurrency platforms against sanctions evasion.
- Increased Regulatory Scrutiny: On July 2, 2025, Tether executed its largest-ever freeze, blocking 42 IRGC-linked addresses, reflecting a pivotal shift towards proactive compliance in international crypto regulation, which may lead to stricter AML and KYC policies.
- Market Response: Tether's USDT maintains a price near $0.999 with a market cap of $186.71 billion, despite a 52.19% drop in trading volume, indicating stable usage amid fluctuating engagement and a growing focus on compliance among users.
- Geopolitical Implications: Israeli and U.S. authorities linked these crypto activities to the IRGC, highlighting heightened global counter-terror financing efforts, which are expected to further drive regulatory intervention in the crypto market, impacting overall market stability.
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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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