UK to Dissolve Crypto Exchange Accused of Aiding Iranian Sanctions Evasion
From decrypt.co
Britain’s company register, Companies House, has moved to dissolve Zedxion Exchange Ltd., a cryptocurrency platform accused of processing funds for Iran’s Islamic Revolutionary Guard Corps (IRGC), according to a notice published on its website. The action follows U.S. sanctions imposed in January by the Treasury’s Office of Foreign Assets Control (OFAC), which designated Zedxion and a related entity, Zedcex, for their alleged role in enabling Iran to evade sanctions and for links to sanctioned financier Babak Zanjani. Companies House said the shutdown was related to “information or a statement in an application for ...
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