TRM Labs Traces $16.8 Million Across 30 Sanctioned Iran-Linked Crypto Wallets

Crypto Insight Summary: Roughly $16.8 million flowed into 30 cryptocurrency addresses tied to members of Iran’s Mabna Institute, according to blockchain intelligence firm TRM Labs. The US Treasury listed those addresses as part of a wider action against Iran. One defendant’s wallets received 92% of that total. Iran’s Mabna Institute Wallets Took In $16.8M, TRM Labs Says The Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Sanctions enforcement may deter institutional investors from crypto.