How Iran's military ran a $4bn gambling network as part of a sanctions-dodging op

IRGC has been using an online gambling network to evade Western sanctions, Reuters reportA sophisticated $4 billion sanctions-evasion network has allegedly helped Iran move money through illegal online gambling operations, cryptocurrency transactions and an unlicensed Dubai-based crypto exchange. The network gave sanctioned Iranian entities access to global cryptocurrency markets despite Western restrictions, according to the Reuters investigation.The operation centred on Shelbit, a Dubai-based cryptocurrency exchange that investigators say acted as a financial hub linking Iran's central bank, a Farsi-language gambling network comprising more than 2,000 websites, suspected state-backed bitcoin mining operations and major international crypto exchanges. Blockchain data reviewed by Reuters s