**Iran's Leaders Accused of Hiding Their Money in Crypto Worth $1.5 Billion**
Iran's leaders are suspected of transferring $1.5 billion, or approximately 1.5 quadrillion Iranian rials, via digital crypto assets to Dubai.
"$1.5 billion has been transferred out of Iran in the last few hours, not through banks but through cryptocurrency with a clear destination: Dubai," reported Iran International.
This reflects how crypto can serve as a solution in major events. Moreover, digital assets offer efficiency and ease in fast and low-cost cross-border transactions.
Additionally, Iran has become highly dependent on crypto assets amid sanctions and restrictions, making traditional cross-border transfers difficult.
For information, Iran, currently facing a monetary crisis, has led its citizens to shift their wealth into crypto. Transaction volumes have increased significantly over the past three years, reaching a peak by mid-2025.
It is known that the total volume of funds flowing into Iranian exchanges from citizens nearly reached $3 billion, equivalent to IDR 50.6 trillion, according to the 2025 The Geography of Crypto Report.
