Regarding the Relationship Between CoinEx and Iran
CoinEx is a digital asset trading platform serving ordinary users globally. We have never established any commercial partnership with any entity affiliated with the Iranian government or any Iranian local exchanges. Furthermore, we have never provided funding channels or any form of active assistance to Iranian government agencies, entities linked to the Islamic Revolutionary Guard Corps, or other sanctioned parties.
It is particularly important to note that CoinEx has been blacklisted by the Iranian government since as early as 2021, and our official domain has been blocked within Iran. This fact alone demonstrates that CoinEx is not a platform recognized, supported, or collaborated with by the Iranian government, nor does it have any practical basis to serve as an official financial channel for Iran.
CoinEx has never established any office or operational entity in Iran. CoinEx operates a referral commission system open to all global users. While some individuals have used this system to promote CoinEx independently, this is not an action organized by CoinEx itself.
We firmly oppose narratives that conflate the actions of ordinary users with state-level sanctions evasion tactics. We also reject any inference that on-chain fund flows automatically imply a platform’s knowledge, support, or participation in illegal activities.
Regarding the Specific Matters Raised in the Report
Regarding the transactions involving Alireza Derakhshan and Zedcex/Zanjani mentioned in the report, based on the information currently available, these transactions occurred prior to the imposition of sanctions on the aforementioned entities by the U.S. Department of the Treasury. We do not provide services to any sanctioned entities or individuals, and we have never knowingly facilitated any form of convenience for such parties after they were sanctioned.
Regarding the Bybit security breach mentioned in the report, CoinEx assisted Bybit with account blocking and asset freezing immediately following the incident. We will conduct an internal review of the transactions referenced in the report. In fact, CoinEx itself suffered a cyberattack in 2023, attributed by multiple investigations to North Korea-linked groups, resulting in losses of nearly $80 million. We deeply understand the immense harm malicious cybercrime inflicts on the 加密 industry and user assets. Our interests and stance are completely aligned with global law enforcement agencies and on-chain security firms in combating hacking crimes and tracing stolen funds. Any suggestion that the platform would intentionally condone or assist hackers in money laundering is not only contrary to the facts but also completely contradicts our core values and vital interests.
Regarding the Interpretation of On-Chain Data
Blockchain transactions are characterized by their openness, cross-platform nature, and traceability. The fact that on-chain funds have passed through a platform does not imply that the platform had knowledge of, supported, or participated in the related financial activities. Data from different third-party on-chain analytics platforms can vary significantly, and data from any single platform should not be considered conclusive. On-chain attribution itself is a limited analytical method, and its conclusions are highly dependent on the methodology of interpretation. Furthermore, aggregating bidirectional fund flows into a single total, implying it represents the volume processed by CoinEx, is highly misleading.
Regarding Recent Measures Taken
Following the imposition of sanctions on Iranian local exchanges like Nobitex, CoinEx immediately initiated a comprehensive review and exit procedure for its exposure related to Iran, implementing the following measures:
- Rejecting user registrations from the Iran region, enhancing the identification of Iranian users, and continuously conducting compliance-based closures of identified Iranian user accounts;
- Implementing comprehensive geo-fencing and access restriction measures for the Iran region, with accounts and assets of identified sanctioned entities or individuals being restricted or frozen;
- Strengthening the KYT system to improve monitoring and review capabilities for transactions involving sanctioned regions, high-risk addresses, and anomalous on-chain pathways, implementing freezes on related transactions;
- Continuously identifying and addressing accounts that abuse the platform for illegal activities, particularly those using CoinEx as a conduit for fund transfers.
Regarding Future Commitments
The digital asset industry continues to develop rapidly, and the global regulatory landscape is constantly evolving. Like the rest of the industry, CoinEx’s anti-money laundering and transaction monitoring capabilities are continuously improving. We will continue to invest resources in strengthening KYC, AML, sanctions screening, and on-chain risk monitoring capabilities. We will address concerns from all parties in a responsible manner and submit to reviews by relevant authorities.
CoinEx Global
June 2026
本文来源于互联网： CoinEx Official Statement Regarding the Wall Street Journal Report
On June 11, the U.S. SEC proposed a market structure reform that appears very TradFi: rescinding Rule 611 and Rule 610(e) of Regulation NMS (National Market System). The former is the so-called trade-through rule, and the latter restricts locked and crossed quotations. Simply put, the SEC is considering removing a set of rigid rules that protect the best quotes in the U.S. stock market, giving trading venues and brokers greater flexibility in order routing, quote display, and trading mechanisms. This is not yet an enacted regulation. The SEC has currently published a proposed rule. The public comment period is 60 days from the publication of the proposal in the Federal Register. Why is it attracting attention in the Web3 space? Because the SEC explicitly mentions in the proposal’s background that…
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