Part 5/7:
Despite the inherent risks, firms involved in crypto have a responsibility to monitor their operations and relationships with Iranian exchanges carefully. There is evidence that certain crypto wallets and tokens have established connections with Iranian exchanges, prompting firms to take note of these interactions. While the ethical stance of being a “good crypto citizen” is emphasized, it also reveals a larger problem: many entities neglect these responsibilities, turning a blind eye to potential scams and fraudulent activities that could jeopardize their standing in the industry.