Iran’s Revolutionary Guard Officers Accused Of Stealing $21 Million In Crypto While Investigating A Corruption Case

Senior officers from Iran’s Revolutionary Guard have been accused of pilfering approximately $21 million in cryptocurrency while investigating a corruption case.

What Happened: The alleged theft took place during a probe into Cryptoland, a digital exchange that was shuttered following the arrest of its CEO, Sina Estavi, in May 2021, reported Iran International on Sunday.

Blockchain records showed that six billion BRG tokens, created by Estavi, were transferred from his cryptocurrency wallet a day after his arrest, the report said. These tokens were allegedly sold off by officers of the Revolutionary Guard, generating millions for themselves.

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