Dubai Crypto Exchange Linked To Illegal Gambling Network
A Dubai-based cryptocurrency exchange has been linked to an alleged large-scale illegal online gambling network that investigators say moved billions of dollars through digital assets while potentially providing access to international financial channels for sanctioned Iranian entities. An investigation based on blockchain analysis has identified Shelbit, an unlicensed cryptocurrency exchange, as a central point in a network involving more than 2,000 Farsi-language gambling websites. The exchange allegedly processed at least $4 billion in transactions from May 2024 onward. The findings were based […] The post Dubai Crypto Exchange Linked To Illegal Gambling Network appeared first on World Casino News.
A Dubai-based cryptocurrency exchange has been linked to an alleged large-scale illegal online gambling network that investigators say moved billions of dollars through digital assets while potentially providing access to international financial channels for sanctioned Iranian entities. An investigation based on blockchain analysis has identified Shelbit, an unlicensed cryptocurrency exchange, as a central point in a network involving more than 2,000 Farsi-language gambling websites. The exchange allegedly processed at least $4 billion in transactions from May 2024 onward. The findings were based […]
The post Dubai Crypto Exchange Linked To Illegal Gambling Network appeared first on World Casino News.
