Iranian official suspected of embezzling over $21 million in crypto assets while investigating cryptocurrency exchanges

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According to ChainCatcher, citing Decrypt, senior investigators from the Intelligence and Economic Crimes Department of Iran's Islamic Revolutionary Guard Corps (IRGC) are accused of misappropriating over $21 million in crypto assets during an investigation of the cryptocurrency exchange Cryptoland.

Court documents reviewed by Iran International TV show that two senior officials from the IRGC's Economic Intelligence Department, Mehdi Hajipour and Mehdi Badi, are the main architects of this scheme. Blockchain evidence indicates that wallets controlled by Hajipour alone processed tokens worth over $21 million.

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