US EditionCase Study: How Iran’s crypto exodus became a lesson in modern corruption risk - VinciWorks
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Case Study: How Iran’s crypto exodus became a lesson in modern corruption risk - VinciWorks
A nation on the brink In early 2024, amid a storm of collapsing currency, deepening sanctions and soaring public frustration the Iranian rial, already battered by decades of mismanagement and sanctions, entered a freefall. Inflation spiked to nearly 50%, wiping out life savings. Families who once held modest security found themselves suddenly impoverished. Many of the country’s youth, tech-savvy and globally connected, saw no future in a syste…
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