Dubai-based crypto exchange tied to $4 billion Iran sanctioned-evasion network
CoinDesk· Olivier Acuna· Jul 31, 2026 · 12:28 PM
Shelbit allegedly sent hundreds of millions of dollars to major crypto exchanges, including Binance, as it linked gambling sites and sanctioned Iranian entities to global crypto markets.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories
cryptoabout 5 hours ago
Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say
The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom.
CoinDesk
cryptoabout 6 hours ago
Bank of Italy finds no consistent cost advantage for stablecoin remittances
Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times.
Cointelegraph
cryptoabout 7 hours ago
Pump.fun laid off workers before they received millions in PUMP tokens: Report
Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly.
Cointelegraph