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The Pi Network price prediction story is turning cautious. Some analysts say weak demand and heavy supply could limit upside for Pi Coin. That is why more traders are hunting top crypto to buy now, which has real utility. Remittix keeps showing up as a new altcoin to watch candidates while the Pi Network price prediction debate grows.
Source: Tradingview
Pi Coin sits near $0.35, down about 90 percent from the all-time high, yet whales reportedly bought 350M PI worth about $125M. The network says over 12M users migrated to mainnet and the circulating supply is 8.04B out of a 100B max, which adds supply risk. 
One expert’s take links recent drops to faster migrations and weak differentiation against rivals, even after Protocol 23, Linux nodes, decentralized KYC, scalability work and a PiOnline gaming and DeFi push.
For many, the Pi Network price prediction now hinges on adoption beating inflation; without that, a bearish Pi Network price prediction warns of deeper losses into 2026. Traders repeating Pi Network price prediction scenarios stress the need for a strong catalyst and real demand.
Remittix has raised over $25,6 million through over 662 million tokens sold at $0.1080 each. Listings are announced on BitMart and LBank and the Beta Wallet launches on 15 September 2025. The referral program pays 15% in USDT for every new buyer you refer, claimable every 24 hours through the dashboard, paid in USDT to withdraw or reinvest. 
As the Pi Network price prediction cools, this Remittix DeFi project builds for PayFi with low gas fees, reach on centralized exchanges and access across the decentralized exchange side.
Remittix blends product and incentives in one stack. That is why analysts placing the best crypto presale 2025 and next big altcoin 2025 lists keep adding RTX. It offers a cleaner story than a fragile Pi Network price prediction that depends on perfect timing.
If you want utility plus upside, Remittix gives you CEX access, a dated wallet launch and a daily 15% USDT referral that is easy to use. It is a practical top crypto to buy now, while the Pi Network price prediction stays uncertain. Head to the remittix website, grab your referral link and claim 15% USDT daily.
Website: https://remittix.io 
Socials: https://linktr.ee/remittix 
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article is not intended as financial advice. Educational purposes only.
BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.
Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

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Wolf _Trader(@wolftraders_13)’s insights  Binance
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Watch Coinbase-Linked Blockchain Explores New Cryptocurrency  Bloomberg.com
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Traders are hunting for the next crypto to explode after a week filled with regulatory and market surprises. US Securities and Exchange Commission Chairman Paul Atkins said that most tokens are not securities while unveiling Project Crypto to bring a single framework for trading, lending, and staking.
This news boosted confidence across the market, and some tokens surged with incredible speed. BakerySwap jumped 172.9% in a week, while MYX Finance rocketed more than 1,400%. DeepSnitch AI, still in presale at $0.01634, is an early-stage gem with huge potential. Here’s why!
During a keynote in Paris on September 10, SEC Chair Atkins said it is “a new day at the SEC.” By recognizing that most tokens are not securities, the agency is giving traders and developers new confidence that crypto can grow under a clear set of rules.

The announcement is not just about easing fears. It also sets the stage for mainstream adoption by proposing one regulatory framework for trading, lending, and staking. This creates a friendlier environment for innovation and makes explosive rallies like this week’s gains in BAKE and MYX more likely in the future.
No wonder many are asking themselves what the next crypto to explode is in the wake of this announcement.
While BakerySwap and MYX made headlines with massive short-term gains, DeepSnitch AI is building something that could last much longer. It is not just another token rising on hype. Instead, it combines meme-style appeal with real AI-driven trading tools.
The project deploys five advanced AI agents to help traders detect whale moves, scan contracts for scams, track social sentiment, and filter market news in real time. For retail traders, this means fewer blind spots and a better chance to move before the crowd.
This is the same edge whales have always used. They act first because they see signals faster. DeepSnitch closes that gap, putting sharper tools in the hands of smaller traders. At a time when meme coins can rise or crash overnight, this protection is priceless.
The presale is still at an early stage. Tokens are priced at $0.01634, and over $193,000 has already been raised. With 35% of the supply allocated to presale buyers and staking rewards on the way, the entry point looks attractive compared to projects that have already exploded.
With AI adoption accelerating and nearly half of crypto investors expecting AI-linked coins to outperform in 2025, DNST has the chance to become one of the next big winners.
For traders looking beyond short-term pumps, DeepSnitch AI may be the smartest candidate for the title of next crypto to explode.

 
BakerySwap soared 172.9% in a single week, jumping from $0.0527 to $0.1438. After such a fast rally, traders usually look for areas where the price could pause or reverse.
Support is near the old breakout level, around $0.07–$0.08. If BAKE falls back, buyers may step in there. Resistance sits close to the week’s high at $0.15–$0.16. Breaking above that range could open the path to higher levels and push it to be the next crypto to explode, but the coin may need to cool off before making another big move.
MYX had one of the most dramatic pumps of the year. It climbed from $1.14 to $17.58, a staggering gain of more than 1,400% in just seven days.
Support is around $10–$12, where buyers may defend after such a steep rise. Resistance is near the peak at $18–$20. If MYX manages to push through that level, momentum could carry it even higher. But after such a spike, traders should also be cautious of sharp pullbacks.
BakerySwap and MYX are good examples of how quickly tokens can explode when market conditions improve. But their rallies may be difficult to sustain. DeepSnitch AI, on the other hand, mixes the excitement of early-stage investing with a foundation of real utility.
DeepSnitch can thrive in bull or bear markets. It protects retail from scams, delivers whale-level insights, and rides the rising popularity of AI adoption. At only $0.01634 in presale, it offers an entry point that the recent pump coins no longer provide.
For traders searching for the next crypto to explode, the smartest move may not be chasing tokens that already are spiking. It may be securing DeepSnitch AI before the rest of the market catches on.
If you are interested in taking part in DSNT presale, visit DeepSnitch AI website.
It is a plan by the U.S. Securities and Exchange Commission (SEC) to create only one framework for trading, lending, and staking, boosting confidence across the industry.
In one of the big spikes of 2025, MYX jumped 1,433%, going from $1.14 to $17.58.
Because it combines meme coin energy with AI-driven tools, offering both hype and lasting value at an early price, a rare offering in the crypto space.
The token is priced at $0.01634, with more than $193,000 already raised. However, the price will adjust dynamically based on demand and will increase gradually in each stage.
Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

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The PA Lottery bonus code is PASHARP in September 2025. Use this code during registration to claim a $20 no-deposit bonus instantly.
PA Lottery Bonus Code

$20 No-deposit Bonus
Get $20 free to use on games at the PA lottery!
CLAIM OFFER
Players must be located within Pennsylvania at the time of play. 18+. Additional T&Cs apply.

New customers can activate the PASHARP code on the PA Lottery mobile app and website and use the bonus funds on instant games, draw games like Powerball and Mega Millions, or eInstant games with no minimum deposit required.
Contents
The PA Lottery bonus code in September 2025 is PASHARP. This Pennsylvania Lottery promo code gives new customers a $20 no-deposit bonus when they register on the PA Lottery website. The PASHARP code can be activated during registration and provides instant access to bonus funds for Powerball, Mega Millions, eInstant games, and other PA Lottery games.
You can activate the PA Lottery bonus code PASHARP in the registration form on the PA Lottery website or mobile app by following this step-by-step guide to claim your $20 no-deposit bonus:

Here are the main terms and conditions that apply to the no-deposit PA lottery bonus:
The $20 no-deposit bonus for the PA lottery has no strings attached other than the need to play the funds before withdrawing them as cash. As the name implies, there is no minimum deposit amount, and it can be used on any game at the PA lottery.

If you want to maximize the value of your $20 free play at the Pennsylvania Lottery, here are some worthwhile and straightforward steps you can take:
Remember, you have to use the $20 free play funds on games at least once before being able to withdraw them. Also, avoid games like the Powerball and Mega Millions for your free plays since they are relatively expensive ($2+) and have long odds of winning.
Below are games we found work best with the $20 PA Lottery bonus, due to their larger likelihood of winning and cheaper costs to play:

Key Question
Log in to your PA iLottery account, click “My Account,” and then go to the “My Bonuses” page. There, you can see your available bonus funds. You must play cash funds in your account before using bonus funds when playing draw or instant games at the PA Lottery.
Therefore, you should use your $20 no-deposit bonus before adding real cash funds. Bonus money is automatically used on games when your account balance is $0.
The $20 PA Lottery bonus is one of the best state lottery sign-up offers, thanks to its no-deposit structure. The PA Lottery promo lets users sign up and play lottery games without risking their hard-earned cash, similar to the Virginia Lottery and Michigan Lottery no-deposit bonuses.
However, the Pennsylvania Lottery gives new customers $5 more free than the Michigan Lottery promo code just for signing up ($20 vs. $15, respectively). The VA Lottery promo code gives new players 20 free games instead of free cash. Unlike the Kentucky Lottery promo code, which requires a minimum of $10 for a 100% match bonus of up to $850, the PA Lottery bonus requires no initial deposit at all.
Here’s a closer look at how the PA Lottery no-deposit bonus stacks up against other state lottery free offers:
Pennsylvania has both legal online casinos and state lottery games, but their bonus structures differ significantly. While online casino welcome offers advertise impressive amounts like $1,000+, the PA Lottery’s modest $20 no-deposit bonus actually provides better value for most users.
That’s because the PA Lottery offers $20 free instantly upon signup with just a 1x playthrough requirement and an extra $5 for account verification, involving zero upfront investment. In contrast, even the best PA online casinos require you to deposit your own money first, then navigate complex wagering requirements that multiply your risk and often trap bonus funds.
The Pennsylvania Lottery Promotions page always has promos to choose from. The offers change frequently depending on the day, week, or month. For example, there are often holiday-season-themed promos.
Here’s a look at some of the promos currently available online at the PA Lottery.
PA Lottery players who verify their account by uploading a government-issued document, such as a driver’s license or passport, get a $5 free play.
Players can get $75 for each friend they refer to the PA Lottery (the friend receives the $100 reward). Here’s how to refer your friends and get rewarded at the Pennsylvania Lottery:

The VIP Players Club, the PA Lottery’s loyalty program, is free to join and has several perks. These include:
I like that the second-chance drawings are included in a VIP account just for signing up. Even if you lose while playing those games, you still have the chance to get something from the second-chance drawing.
Players who play the Jurassic Park Prehistoric Payout EZ eInstant game or the Jurassic Park eInstant game during the promotional period (August 5 to November 13) are entered for a chance to win a trip to Oahu, Hawaii, and $1 million. The more money you play, the more entries you receive.

Pennsylvania Lottery users who purchase online Pick 2, Pick 3, Pick 4, or Pick 5 tickets earn entries for a chance to win an “Ultimate Trip & Prize Package” to Super Bowl LX in Levi’s Stadium in San Francisco.
The drawing ends on October 23, 2025.

The PA Lottery also offers special daily promotions nearly every day of the week. Here’s a quick look at the offers existing users can get their hands on this week:
PA Lottery is an app and website where you can participate in everything the lottery offers. This includes instant games, draw games, and other features like scanning scratch tickets to see if they’re winners.
Let’s take a look at the games and draws you can play.
The PA Lottery has many eInstant games. You choose your stake per spin and hope to match various symbols.
Through the mobile app, you can demo the instant games after creating an account, which lets you get a feel for which games you prefer before betting with real money. Overall, there’s a good selection. If it’s a progressive jackpot game, the jackpot amount will be displayed right there on the game’s thumbnail.
Here are a few of the top eInstant games at the PA Lottery:

Once you have an account, buying tickets for draw games through the app or main site is easy. Tutorials are available if you need guidance.
I played a few of the smaller draw games and, of course, Powerball and Mega Millions. These two have absolutely massive jackpots—$1.4 billion and $336 million, respectively. The page for each draw includes a list of channels to watch the drawing live and detailed instructions on claiming winnings.
Here’s a list of each draw game available the Pennsylvania Lottery:

The Pennsylvania Lottery app is solid, but not great. Players can expect a functional app design that mimics much of what is offered via the desktop site.
Let’s discuss my experience using the PA Lottery app and how you can check your lottery tickets online.
After signing up with PA Lottery code PASHARP and receiving my $20 bonus, I spent over 30 days testing the app and playing games. Here is how my experience using the PA Lottery bonus went on the app:
One of the most convenient aspects of the PA Lottery mobile app is the ability to scan lottery tickets to see if they are winners. This is easy to do. Follow the steps below:

PA Lottery doesn’t have the broadest range of payment options, but it has all the most important ones. Here are the accepted payment options and deposit/withdrawal limits:
Follow these simple steps to withdraw funds from your PA iLottery account:
The PA Lottery offers multiple customer support options to help with account questions, technical issues, and bonus-related inquiries:
If your PA Lottery bonus code PASHARP isn’t working, try the following solutions to fix the issue:
PA Lottery is legal and safe to use. It’s owned by the Pennsylvania government, which is as close as it gets to being a trusted source. The site and app use SSL encryption, the safest and best way to secure user data and transactions to and from the website or app.
Players must be 18+ and located in Pennsylvania to participate in any games or draws.
The PA Lottery has a page dedicated to resources on responsible gaming. The site and app include ways to restrict account activity, including deposit limits and
To get professional help now, call 1-800-GAMBLER.
The Pennsylvania Lottery app and website are pretty bare-bones. That said, there is a solid variety of instant games you can choose from. Buying tickets for the draws online is very convenient. It saves you a trip to the store, plus the instant games are pretty fun.
The PA Lottery bonus itself provides solid value. Not many platforms offer a no-deposit bonus, and the PA lottery gives users $20 free, so it’s the perfect way to try out the platform without strings attached.
Why Trust This Bonus Guide?

Contact & Support
 
21+ Play Responsibly | Gambling Problem? Call 1-800-Gambler

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Pi Network is in the final stage of its testnet blockchain upgrades after completing upgrades from protocol version 19 through version 22 on Testnet1. The developers stated that the improvements prepare the network for more upgrades, with Testnet2 and the mainnet to follow in the coming weeks.
According to Pi Network’s development team, users may encounter temporary service interruptions as new versions are integrated, but outages will be brief and announced in advance. Planned interruptions may also extend to Pi’s availability on third-party services such as centralized exchanges while they process the updates.
Pi Network’s protocol upgrades will enable functionalities including embedding KYC authority in the protocol that will maintain Pi as a KYC-verified blockchain while offering a more distributed, community-driven KYC process at the protocol level. https://t.co/awWJ43qfA8
— Pi Network (@PiCoreTeam) September 4, 2025

As part of the Testnet1 process, Pi Network will add a new community Node container for participants to continue running operations without taking action on their side. 
“Pi will be pushing out the new community Node container for Testnet1, and no action is needed from users,” the team wrote in a blog post.
Version 23 of the project builds on earlier upgrades, including the release of version 20 that improved some of its core blockchain functionalities and application programming interfaces (APIs). Pi Network is shifting from protocol version 22 to version 23, the final step in testnet preparations before mainnet activation.
The timing of Pi’s protocol advancement is against the backdrop of the Stellar network’s transition to version 23. Pi Network is built on the Stellar Consensus Protocol (SCP) and Stellar Core, so the project will benefit from Stellar upgrades.
Pi Network Testnet1 version 23 has several new features, including coding smart contracts in Rust, parallelizing transaction execution, and network scalability. Pi coin holders will also receive a protocol-level framework to embed know-your-customer (KYC) authority. This helps uphold the blockchain’s verification standards, adding to the decentralized and community-driven process for validating user identities.
Developers and validators will conduct tests to detect and resolve potential issues before the full mainnet launch, though investors may see little immediate impact.
Alongside the protocol changes, Pi Network has released a Linux Node version to extend support for developers and community operators. Linux node operators can either self-manage protocol updates or activate automatic updates through Pi Network to synchronize with the latest versions more easily.
“The Linux Node is a feature that has been frequently requested by the community over the past few years. While it is not directly tied to Node rewards, and therefore, may not impact everyday participation immediately, the update allows for greater accessibility and ecosystem participation,” developers noted during the node announcement.
As reported by the protocol last week, Dr. Chengdiao Fan, one of Pi Network’s co-founders, will be a featured speaker at the TOKEN2049 conference in Singapore, scheduled for October 1–2. Fan will discuss several talking points, including blockchain and crypto’s potential as tools for real-world societal utility. 
Attendees expect her presentation to cover problems in Web3 and how crypto projects can push beyond the “speculation ideology” towards more innovative applications with tangible positive impact in finance.
TOKEN2049 is considered one of the largest and most influential conferences in the blockchain industry. Organizers expect more than 25,000 attendees, along with 300 speakers and 500 exhibitors from a broad cross-section of the global Web3 community. 
The event’s format includes talks, workshops, meet-ups, hackathons, and networking opportunities for developers, investors, executives, and policymakers.
Meanwhile, Pi Coin has yet to record any signs of bullish momentum in response to the upcoming upgrades. After the network’s move to version 20, the token gained 3%, climbing from $0.34 to $0.37. But a price correction had dragged down the token back to $3.48, tanking 5% in the last 24 hours, and 8.7% for the month. 
The smartest crypto minds already read our newsletter. Want in? Join them.
Pi Network is in the final stage of its testnet blockchain upgrades after completing upgrades from protocol version 19 through version 22 on Testnet1. The developers stated that the improvements prepare the network for more upgrades, with Testnet2 and the mainnet to follow in the coming weeks.
According to Pi Network’s development team, users may encounter temporary service interruptions as new versions are integrated, but outages will be brief and announced in advance. Planned interruptions may also extend to Pi’s availability on third-party services such as centralized exchanges while they process the updates.
Pi Network’s protocol upgrades will enable functionalities including embedding KYC authority in the protocol that will maintain Pi as a KYC-verified blockchain while offering a more distributed, community-driven KYC process at the protocol level. https://t.co/awWJ43qfA8
— Pi Network (@PiCoreTeam) September 4, 2025

As part of the Testnet1 process, Pi Network will add a new community Node container for participants to continue running operations without taking action on their side. 
“Pi will be pushing out the new community Node container for Testnet1, and no action is needed from users,” the team wrote in a blog post.
Version 23 of the project builds on earlier upgrades, including the release of version 20 that improved some of its core blockchain functionalities and application programming interfaces (APIs). Pi Network is shifting from protocol version 22 to version 23, the final step in testnet preparations before mainnet activation.
The timing of Pi’s protocol advancement is against the backdrop of the Stellar network’s transition to version 23. Pi Network is built on the Stellar Consensus Protocol (SCP) and Stellar Core, so the project will benefit from Stellar upgrades.
Pi Network Testnet1 version 23 has several new features, including coding smart contracts in Rust, parallelizing transaction execution, and network scalability. Pi coin holders will also receive a protocol-level framework to embed know-your-customer (KYC) authority. This helps uphold the blockchain’s verification standards, adding to the decentralized and community-driven process for validating user identities.
Developers and validators will conduct tests to detect and resolve potential issues before the full mainnet launch, though investors may see little immediate impact.
Alongside the protocol changes, Pi Network has released a Linux Node version to extend support for developers and community operators. Linux node operators can either self-manage protocol updates or activate automatic updates through Pi Network to synchronize with the latest versions more easily.
“The Linux Node is a feature that has been frequently requested by the community over the past few years. While it is not directly tied to Node rewards, and therefore, may not impact everyday participation immediately, the update allows for greater accessibility and ecosystem participation,” developers noted during the node announcement.
As reported by the protocol last week, Dr. Chengdiao Fan, one of Pi Network’s co-founders, will be a featured speaker at the TOKEN2049 conference in Singapore, scheduled for October 1–2. Fan will discuss several talking points, including blockchain and crypto’s potential as tools for real-world societal utility. 
Attendees expect her presentation to cover problems in Web3 and how crypto projects can push beyond the “speculation ideology” towards more innovative applications with tangible positive impact in finance.
TOKEN2049 is considered one of the largest and most influential conferences in the blockchain industry. Organizers expect more than 25,000 attendees, along with 300 speakers and 500 exhibitors from a broad cross-section of the global Web3 community. 
The event’s format includes talks, workshops, meet-ups, hackathons, and networking opportunities for developers, investors, executives, and policymakers.
Meanwhile, Pi Coin has yet to record any signs of bullish momentum in response to the upcoming upgrades. After the network’s move to version 20, the token gained 3%, climbing from $0.34 to $0.37. But a price correction had dragged down the token back to $3.48, tanking 5% in the last 24 hours, and 8.7% for the month. 
The smartest crypto minds already read our newsletter. Want in? Join them.
Upgrade

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The Puerto Rico Lottery offers several draw games for those aiming to win big.
Lottery players in Puerto Rico can choose from popular national games like the Powerball, which is available in the vast majority of states around the U.S. Other games include the Pega 2, Pega 3, Pega 4 and more.
Big lottery wins around the U.S. include a lucky lottery ticketholder in California who won a $1.27 billion Mega Millions jackpot in December 2024. See more big winners here. And if you do end up cashing a jackpot, here’s what experts say to do first.
Here’s a look at Tuesday, Sept. 16, 2025 results for each game:
Day: 2-0, Wild: 2
Noche: 0-6, Wild: 1
Check Pega 2 payouts and previous drawings here.
Day: 5-8-4, Wild: 2
Noche: 9-2-2, Wild: 1
Check Pega 3 payouts and previous drawings here.
Day: 6-7-0-5, Wild: 2
Noche: 9-2-8-9, Wild: 1
Check Pega 4 payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
Winning lottery numbers are sponsored by Jackpocket, the official digital lottery courier of the USA TODAY Network.
Tickets can be purchased in person at gas stations, convenience stores and grocery stores. Some airport terminals may also sell lottery tickets.
You can also order tickets online through Jackpocket, the official digital lottery courier of the USA TODAY Network, in these U.S. states and territories: Arizona, Arkansas, Colorado, Idaho, Maine, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Puerto Rico, Washington D.C., and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer.
Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. GAMBLING PROBLEM? CALL 1-800-GAMBLER, Call 877-8-HOPENY/text HOPENY (467369) (NY). 18+ (19+ in NE, 21+ in AZ). Physically present where Jackpocket operates. Jackpocket is not affiliated with any State Lottery. Eligibility Restrictions apply. Void where prohibited. Terms: jackpocket.com/tos.
This results page was generated automatically using information from TinBu and a template written and reviewed by a USA Today editor. You can send feedback using this form.

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On September 16, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two Iranian financial facilitators and their network of front companies across Hong Kong and the United Arab Emirates (UAE) for coordinating cryptocurrency transactions that benefit Iran’s military and defense apparatus. This action represents the latest effort to disrupt Iran’s use of cryptocurrency and shadow banking to evade sanctions.
At the center of today’s action are Iranian nationals Alireza Derakhshan and Arash Estaki Alivand, who coordinated the purchase of over $100 million worth of cryptocurrency related to Iranian oil sales between 2023 and 2025. Furthermore, the addresses included in today’s designation account for over $600 million in total inflows, as part of a complex network of front companies across multiple jurisdictions to obscure the movement of funds. These are significant volumes, similar to those seen in other recent OFAC designations of IRGC-QF proxy networks, including Houthi financier, Sa’id al-Jamal, who was designated for laundering on behalf of the IRGC-QF as well as facilitating Iranian oil shipments, in addition to a broader Houthi network facilitating Russian weapons and commodities trade.
Notably, Alivand maintained connections with other previously designated entities, including conducting cryptocurrency transfers on behalf of the Al-Qatirji Company, which has operated to facilitate Iranian oil sales, as well as transactions with Hezbollah-associated money changer Tawfiq Muhammad Sa’id al-Law, who provided Hezbollah access to digital wallets for receiving IRGC-QF commodity sale proceeds.
Additionally, the Chainalysis Reactor graph below highlights the complex web of financial facilitators and intermediaries leveraged by the IRGC-QF to move funds throughout various parts of their proxy networks, including al-Jamal, the Houthis, wallets identified by Israel’s National Bureau of Counter Terror Financing (NBCTF) as belonging to the IRGC-QF, in addition to direct interactions with mainstream Iranian cryptocurrency exchanges.

Today’s action demonstrates the growing sophistication of Iran’s sanctions evasion tactics, particularly in leveraging cryptocurrency and international front companies to move funds on behalf of the IRGC-QF. This designation marks yet another round of sanctions targeting Iran’s shadow banking infrastructure since the implementation of maximum pressure policies.
The complexity of this network, spanning multiple jurisdictions and utilizing both traditional front companies and cryptocurrency, highlights the challenges in detecting and disrupting modern sanctions evasion schemes. However, it also shows how the transparency of the blockchain presents unprecedented opportunities to identify and disrupt complex networks facilitating sanctions evasion in the hundreds of millions of dollars.
The addresses from today’s designation can be found on OFAC’s website here and are being included below:
Arash Estaki Alivand:
Alireza Derakhshan:
We have updated our screening solutions to include all designated individuals and entities from today’s action and will continue monitoring for additional cryptocurrency addresses and entities connected to this network.
Need these screening solutions for your business? Request a demo here.
 
This website contains links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. 
This material is for informational purposes only, and is not intended to provide legal, tax, financial, or investment advice. Recipients should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with Recipient’s use of this material.
Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in this report and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.

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