EE Impact
sanctionsotherlow impact18/08/2026, 11:05:14Confidence 40/100

Iran-linked exchange processed $676 million to Binance in alleged sanctions-evasion operation — Reuters reports...

A Dubai-based exchange called Shelbit is reported to have processed over $4 billion since May 2024 linked to sanctions evasion. The operation is allegedly associated with Iranian gambling sites and the IRGC, according to Reuters.

Claims & verification status

Claimed

A Dubai-based exchange called Shelbit processed over $4 billion since May 2024, allegedly linked to sanctions evasion.

Attributed to: Reuters
Claimed

Shelbit allegedly sent $676 million to Binance as part of a sanctions-evasion operation.

Attributed to: Reuters

+1 more claim on the 7-day Pro trial.

Sources & evidence

articleNewsAPI aggregator(class B)original
articleNewsAPI aggregator(class B)original
articleNewsAPI aggregator(class B)original
articleNewsAPI aggregator(class B)original
articleNewsAPI aggregator(class B)original