Summary
- It was reported that senior officers of the Iranian Revolutionary Guard embezzled $21 million during a cryptocurrency investigation.
- The incident is related to the bankruptcy case of the Cryptoland exchange.
- After stealing 6 billion BRG tokens, they were found to have purchased assets such as gold and luxury real estate.
On the 31st, Iranian media Iran International reported that two senior officers of the Iranian Revolutionary Guard Corps (IRGC), Mehdi Hajipour and Mehdi Badi, were involved in a case of embezzling $21 million worth of cryptocurrency during an investigation.
The incident originated from the Cryptoland exchange case, which went bankrupt in 2021. At that time, Cryptoland's CEO Sina Estavi was arrested for 'disrupting the economic system,' and the IRGC confiscated his assets, including the BRG tokens he issued.
However, during the investigation, a theft crime occurred. Hajipour and Badi secretly transferred 6 billion BRG tokens to another wallet and then sold them all. It is reported that they used the criminal proceeds to purchase gold, luxury real estate, and high-end vehicles.
Uk Jin
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