Crypto Sanctions Shock: US Treasury Targets Exchanges Zedcex and Zedxion for Iran Ties
Washington, D.C., April 2025: In a landmark enforcement action, the U.S. Department of the Treasury has delivered a stark warning to the global cryptocurrency industry. The Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two United Kingdom-registered cryptocurrency exchanges, Zedcex and Zedxion, for their alleged role in laundering funds for Iran’s Islamic Revolutionary Guard […]
