Iran reportedly transferred $3.84 billion through the CoinEx cryptocurrency exchange in an effort to circumvent US sanctions, according to a report by the Wall Street Journal. The transactions highlight ongoing concerns about the use of digital currencies to bypass international financial restrictions. The report suggests that Iran's activities on CoinEx are part of a broader strategy to mitigate the impact of economic sanctions imposed by the United States. This development underscores the challenges regulators face in monitoring and controlling the flow of funds through decentralized financial systems.