TRM Labs reports that Iran's Mabna Institute used cryptocurrency to launder $16.8 million

According to The Block, TRM Labs' report shows that the Mabna Institute in Iran transferred approximately $16.8 million in funds through 30 Bitcoin, Ethereum, and Tron addresses dating back to 2018. The institute is accused of conducting coordinated "hacker hiring" activities on behalf of the Islamic Revolutionary Guard Corps and other Iranian clients.