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)

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

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