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Fake CEO and cat photos help uncover billion-dollar IRGC crypto network

Feb 27, 2026, 23:06 GMT+0Updated: 01:33 GMT+0

Two UK-registered cryptocurrency exchanges allegedly processed billions of dollars for Iran’s Revolutionary Guards using a fabricated chief executive built from stock footage, according to an investigation by the Organized Crime and Corruption Reporting Project (OCCRP).

The report said the companies, Zedcex and Zedxion, listed a supposed director and person with significant control named “Elizabeth Newman,” but investigators found no passport records, migration history or other evidence that such a person exists.

Promotional materials for the exchanges used stock video footage labeled “Pretty black woman talking to camera” from Shutterstock to portray the fictitious executive, while other “team members” also appeared to be generic stock clips.

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Iran negotiators ordered to return after internal rift over Islamabad talks
1
EXCLUSIVE

Iran negotiators ordered to return after internal rift over Islamabad talks

2
INSIGHT

Iran's digital economy battered by prolonged blackout

3
ANALYSIS

US blockade enters murky phase as tankers spoof signals and buyers hesitate

4
ANALYSIS

Why the $100 billion Hormuz toll revenue is a myth

5

US tightens financial squeeze on Iran, warns banks over oil money flows

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Spotlight

  • Hardliners push Hormuz ‘red line’ as US blockade tests Iran’s leverage
    INSIGHT

    Hardliners push Hormuz ‘red line’ as US blockade tests Iran’s leverage

  • Ideology may be fading in Iran, but not in Kashmir's ‘Mini Iran'
    INSIGHT

    Ideology may be fading in Iran, but not in Kashmir's ‘Mini Iran'

  • War damage amounts to $3,000 per Iranian, with blockade set to add to losses
    INSIGHT

    War damage amounts to $3,000 per Iranian, with blockade set to add to losses

  • Why the $100 billion Hormuz toll revenue is a myth
    ANALYSIS

    Why the $100 billion Hormuz toll revenue is a myth

  • US blockade targets Iran oil boom amid regional disruption
    ANALYSIS

    US blockade targets Iran oil boom amid regional disruption

  • Iran's digital economy battered by prolonged blackout
    INSIGHT

    Iran's digital economy battered by prolonged blackout

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FBI vows to free Americans after Iran wrongful detention designation

Feb 27, 2026, 22:50 GMT+0

The FBI said on Friday it is coordinating with federal and international partners to return Americans held in Iran and prosecute their captors, following the United States’ designation of Iran as a State Sponsor of Wrongful Detention.

"Today, the U.S. has designated Iran as a State Sponsor of Wrongful Detention. The FBI remains committed to working with our federal and international partners to return Americans who are being held captive home and bring their captors to justice. The Hostage Recovery Fusion Cell (HRFC) coordinates efforts dedicated to recovering Americans held hostage abroad and supporting the hostages and their families during and after release," FBI official account posted on X.

Family receives body of protester missing 50 days with signs of violence

Feb 27, 2026, 22:29 GMT+0

The body of a protester who disappeared during the demonstrations in Tehran last month has been returned to his family nearly fifty days later, according to information collected by Iran International from relatives and witnesses.

The victim, Vahid Lazer Monouchehri, had gone missing since widespread protests on January 8,9.

His body was handed over to relatives on Thursday with marks of gunfire and blows from a butcher’s cleaver, the family said.

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Senator Risch praises Iran's wrongful detention designation

Feb 27, 2026, 22:04 GMT+0

Senator Jim Risch, Senate Foreign Relations Committee Chairman on Friday welcomed Secretary Rubio's designation of Iran as the first State Sponsor of Wrongful Detention, highlighting its deserved status.

"Iran is the first ever country to be designated a State Sponsor of Wrongful Detention — and no nation is more deserving of that grim title," Risch said. "Too many Americans have suffered at the hands of the regime, and I'm glad to see the Administration use the authorities given to them by my Countering Wrongful Detention Act."

We have a very big decision to make on Iran, Trump says

Feb 27, 2026, 22:04 GMT+0

President Trump speaking in Texas on Friday said the US faces a major decision on Iran amid ongoing nuclear talks, emphasizing the need for a "meaningful" deal rather than a weak one.

"We have a very big decision to make," Trump said. "We have a country that's in 47 years blowing people's legs off, arms off the face. They've been knocking out ships, killing people, lots of people, not only Americans, lots of people been terrible. 32,000 people killed over the last two, three months, protesters, 32,000."

"They want to make a deal, but make a deal that's meaningful. I spoke with Ted Cruz, John, all of them on the way here. I said, we got to make a deal that's meaningful," he added.

"We hit him real hard, as you know, with those beautiful B-2 bombers recently knocked out their nuclear capability, but I'd rather do it the peaceful way. But they're very difficult people. I want to tell you that they're very dangerous people, very difficult people," Trump said.

Trump wants deal but his patience is running thin

Feb 27, 2026, 22:03 GMT+0
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Ahmad Samadi

A potential nuclear deal with Iran that leaves even symbolic uranium enrichment intact would be seen by US adversaries as a sign of retreat rather than a decisive strategic outcome.

Even at one percent, the capacity to enrich uranium would carry significant strategic implications, when viewed against the backdrop of a large US military deployment at a moment when Iran is in its weakest position for a long time.
Such an agreement could raise broader questions about American deterrence and regional influence. It risks projecting hesitation rather than strength.

At home, it might weaken President Trump’s leverage with Congress and embolden political rivals during the remainder of his presidency.

Regionally, it could unsettle Washington’s preferred strategic order and potentially give geopolitical competitors, including China, greater room to maneuver.
Rather than embodying the doctrine of “peace through strength,” it could resemble something closer to “peace through fear.”

The longer decisive action is delayed and deadlines pass without enforcement, the more the balance may shift in Tehran’s favor.

There is little reason to rely on the optimistic rhetoric of Iran’s foreign minister Abbas Araghchi. His tone and posture remain broadly consistent with the period before the twelve-day war.

The Omani foreign minister’s visit to Washington—coming just a day after talks that both he and his Iranian counterpart publicly described in positive terms—also deserves attention.
Muscat has long played a quiet mediating role between Tehran and Washington, and such diplomatic movements may signal that negotiations remain fluid despite public messaging on both sides.

Taken together, the signals pointing toward confrontation appear stronger than those pointing toward a durable agreement.