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Crypto exchange CoinEx says it is closing, citing a lengthy downturn and rising compliance costs; a report said it moved $3B+ for Iran-linked wallets since 2019 (Dylan Tokar/Wall Street Journal)

CoinEx says it is ceasing operations less than three months after a Wall Street Journal article spotlighted its use in Iran

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at wsj.com →

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