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Iran’s Judiciary Spokesperson has stated that cryptocurrency is the primary channel for money laundering in the country. Over 13,000 mining devices were confiscated in the first four months of this year.
Speaking at a press conference, Asghar Jahangir highlighted that most money laundering and illegal transfers of criminal proceeds occur through cryptocurrencies, which he described as "extremely dangerous and high-risk" activities.
He warned that such practices could lead to fraud and disrupt Iran’s commercial flow. Jahangir urged citizens to avoid risky tools and unlicensed institutions for investing or storing assets, recommending thorough research from authorized sources before engaging in investments.
Jahangir revealed that over 13,000 cryptocurrency mining devices were discovered in Iran during the first four months of this year, marking a 360 percent increase compared to the same period last year. He noted that more than 1,000 legal cases related to cryptocurrency have been filed so far.
While cryptocurrency use is not directly criminalized under Iranian law, Jahangir emphasized that individuals who utilize these platforms for illegal activities will face prosecution. He specifically mentioned crimes like money laundering and financing terrorism using Bitcoin as prosecutable offenses under Iranian law.
Additionally, the judiciary’s research institute has been conducting extensive studies on cryptocurrencies since last year.
