A recent cryptocurrency exchange leak has exposed potential sanctions risks associated with Iran, highlighting the need for heightened vigilance in the industry. The Ariomex leak has raised concerns about the ability of individuals to circumvent economic sanctions, with approximately $580 million in funds frozen as part of a broader scam crackdown1. Additionally, law enforcement has seized $61 million in romance scam funds and is seeking $327,000 in a separate dating scam case. The incident underscores the importance of robust security measures and compliance protocols in the cryptocurrency sector. As regulators continue to crack down on illicit activities, practitioners must remain aware of the evolving landscape of sanctions risks and scams. The seizure of millions of dollars in scam funds serves as a reminder of the significant financial consequences of non-compliance, so what matters most to practitioners is the need to prioritize robust security and compliance protocols to mitigate these risks.