An Iranian official is suspected of embezzling over $21 million worth of cryptocurrency assets during the investigation of encrypted CEX

On March 31st, according to Decrypt, senior investigators from the Intelligence and Economic Crimes Department of Iran's Islamic Revolutionary Guard Corps (IRGC) were accused of embezzling over $21 million in cryptocurrency assets while investigating the cryptocurrency trading platform Cryptoland. According to court documents reviewed by Iran International Television, two senior officials from the IRGC Economic Intelligence Unit, Mehdi Hajipour and Mehdi Badi, were the main planners of the plan. Blockchain evidence shows that the wallet controlled by Hajipour alone processed tokens worth over $21 million.