Why Conflict Gold Sanctions Fail

sanctions expired 75% Conflict

Following the US attack on Iran, the UAE shut down a network of money changers linked to the Islamic Revolutionary Guard Corps that facilitated laundering billions to evade sanctions. Despite efforts, sanctions on conflict gold have largely failed due to complex offshore operations.

๐Ÿ‡ฆ๐Ÿ‡ช Location: Gulf region — Sources: 1 — First seen: Last seen:
UAE Iran sanctions money laundering IRGC

Linked Entities

United Arab Emirates

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Islamic Revolutionary Guard Corps

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Iran

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