CoinEx denies claims it served as $3.84 billion gateway to sanctioned Iranian crypto firms (opens original article in a new tab)

CoinEx denied allegations that it served as a gateway for sanctioned Iranian crypto firms, despite claims from TRM Labs that it facilitated over $3.84 billion in transactions with Iranian entities over seven years.

• TRM Labs claims CoinEx facilitated $3.84 billion in crypto flows with sanctioned Iranian entities over seven years
• CoinEx denies having commercial relationships with Iranian exchanges or government entities
• TRM Labs identified $2.7 billion in transactions between CoinEx and Nobitex, Iran's largest crypto exchange