
While hundreds of ships were stranded in the Persian Gulf due to the US-Israeli blockade, Iran's decision to pay passage with crypto money became the target of fraudsters
AI-generated summary
While the Iran war initiated by the US and Israel coalition caused hundreds of ships to be stranded in the Persian Gulf, Iran recently said that transit fees can be paid with cryptocurrencies, especially Bitcoin. This decision, taken before the US blockade began, cannot now be implemented with the blockade. However, it is stated that in that short time, fraudsters contacted shipping companies, such as Iranian state officials, and asked for a passage fee through the Strait of Hormuz. According to the information provided by MARISKS, a gemcilik risk firm; It is even stated that a ship paid this amount and was shot while trying to pass through the strait. As you may remember, the audio recording of a radio conversation between a ship crew and Iranian officials was posted on social media recently. The ship captain was telling the Iranian officials, "We have paid and we are second on your list." However, Iranian authorities did not allow passage. It was not stated in that voice recording whether this ship made the payment with cryptocurrency or not and the reason why it was not allowed to pass. It is also noteworthy that fraudsters use bureaucratic language when they contact companies.

Qatar-based Al Arabi Al Jadid claimed that the US and Iran had agreed to a preliminary draft memorandum that included nuclear program restrictions and the release of frozen funds. The developments led to a decline in oil prices and an increase in crypto and precious metals.

With the increasing tensions in the Middle East and the deaths of US soldiers, Brent oil rose above 90 dollars. While the mutual attacks in the Russia-Ukraine war continue, Bitcoin maintains the level of 60 thousand dollars.

US President Trump said "the ceasefire agreement is over" after Iran attacked commercial ships at the NATO summit. He said he had ordered to end trade with Spain. He stated that Türkiye wants F-35s.

US President Trump announced that the peace agreement with Iran will be signed on Friday. The agreement aims to clear the Strait of Hormuz of mines and ensure the flow of oil. While oil prices fell sharply after the statements, Bitcoin recovered. Israel, on the other hand, stated that the articles of the agreement regarding the Lebanon part were not binding on them.

Iran is launching an insurance system that will receive payments in Bitcoin for ships as part of the Hormuz crisis. The aim is to bypass Western financial systems and generate annual revenues of $10 billion.