Sanctions & Embargoes #north korea#iran
North Korean $1.5B Crypto Heist Traced to Iran Central Bank Wallets
The $1.5 billion crypto heist from Bybit, operated by North Korean hackers, has been traced through blockchain analysis to wallets linked to Iran's central bank, with funds moving through CoinEx exchange. The case underscores growing challenges in enforcing sanctions as cryptocurrency becomes integrated into Iran's financial networks.
Jul 8, 2026 1 source