Cryptohack Roundup: UK Crypto Firms Tied to Iran Sanctions
bankinfosecurityAlso: NodeCordRAT Malware, North Korean QR-Phishing Campaign Rashmi Ramesh (rashmiramesh_) • January 15, 2026

Every week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, U.K. crypto exchanges linked to Iranian sanctions evasion, NodeCordRAT malware spread via npm, an FBI alert on North Korean QR-code phishing, illicit crypto hit $154 billion in 2025 and U.S. President Donald Trump said he won't pardon Sam Bankman-Fried.
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Two cryptocurrency exchanges incorporated in the United Kingdom, Zedcex and Zedxion, functioned as financial infrastructure for Iran's Islamic Revolutionary Guard Corps, concluded on-chain and corporate analysis by TRM Labs.
Although registered as separate entities, the exchanges appear to operate as a single enterprise, sharing directors, virtual addresses and mirrored filings that obscure true control. Between 2023 and 2025, wallets linked to the exchanges processed roughly $1 billion associated with ...
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