Report alleges $4bn Iran-linked sanctions evasion networkPublished on: July 31, 2026 4:15 PM
Pakistan, July 31 -- A new investigative report has alleged that an Iran-linked online gambling network and a Dubai-based cryptocurrency platform helped move nearly $4 billion abroad while evading US and international sanctions, raising fresh concerns over the misuse of digital assets in cross-border financial transactions.
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According to the report, the network revolved around an unlicensed cryptocurrency exchange operating in Dubai that reportedly provided financial services to thousands of Persian-language online gambling websites. Investigators claimed the platform had links to Iran's central bank, the Islamic Revolutionary Guard Corps (IRGC), and other entities subject to internationa...
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