The U.S. Treasury is investigating Iran's use of crypto exchanges to evade sanctions. A notable exchange, Zedcex, reportedly processed $1 billion linked to the IRGC, indicating a shift toward financial infrastructure instead of individual wallets. Despite the legality of most crypto activity, sanctioned entities may exploit specialized infrastructure for financial access.

*Cryptocurrency trading platforms are increasingly being scrutinized.*
Recent reports suggest that Iran is leveraging digital currency exchanges to bypass international sanctions, potentially enabling the IRGC and other sanctioned groups to access funds without detection. This shift toward using infrastructure rather than personal wallets complicates enforcement efforts.
### Key Points:
- The investigation focuses on the use of crypto exchanges for sanctions evasion.
- Zedcex processed a significant amount linked to the IRGC.
- There is a move from individual wallets to broader financial infrastructure.
- Sanctioned entities might exploit these systems for illicit financial activities.