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Tether Under Fire for IRGC Cryptocurrency Transactions

1/11/2026

Summary

Story summary

Tether faces scrutiny over its involvement with Islamic Revolutionary Guard Corps (IRGC) after reports that IRGC moved nearly $1 billion in cryptocurrency through UK exchanges from 2023 to 2025.
TRM Labs' analysis shows IRGC-linked transactions peaked at 87% of volume in 2024 and fell to 48% in 2025.
The exchanges allegedly transferred funds to sanctioned individuals, including Sa’id al-Jamal.
Tether says it complies with sanctions and has blocked IRGC addresses.

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Story summary

Tether faces scrutiny over its involvement with Islamic Revolutionary Guard Corps (IRGC) after reports that IRGC moved nearly $1 billion in cryptocurrency through UK exchanges from 2023 to 2025.
TRM Labs' analysis shows IRGC-linked transactions peaked at 87% of volume in 2024 and fell to 48% in 2025.
The exchanges allegedly transferred funds to sanctioned individuals, including Sa’id al-Jamal.
Tether says it complies with sanctions and has blocked IRGC addresses.