According to *The Wall Street Journal*, based on analysis of public on-chain data, Iran-linked entities have transferred over $3.84 billion through the crypto exchange CoinEx, making it one of the key channels for Iran to bypass U.S. economic sanctions using cryptocurrency. Earlier this year, crypto investigators discovered unusual transactions involving two wallets controlled by Iran's central bank. Further tracing revealed that the related fund flows were connected to $1.5 billion in assets stolen by North Korean hackers from Bybit. After entering Iranian wallets, the funds were moved through complex transaction paths, with one of the destinations being CoinEx. https://(wublock123.com)/news/wsj-iran-used-coinex-to-evade-us-sanctions-transfer-3-84b-63440