The Islamic regime has readily pointed to Western sanctions for its economic crisis, which saw the rial valued at 1,283,540.00 per US dollar on Tuesday, but the regime has a bustling black-market economy built on illegal oil sales and bolstered by cryptocurrency, experts from the blockchain intelligence platform NOMINIS.io told The Jerusalem Post on Wednesday.
Snir Levi, CEO of NOMINIS, explained that through oil sales to Russia and China, the regime is able to maintain a steady income using cryptocurrency.
Much of the funds are laundered in second countries, he said, while naming Turkey, the United Arab Emirates, and Qatar as transit spots before the money reaches proxies in Gaza, Lebanon, and Yemen.
“Iran is under siege, and Gaza is…
