Editor's Note: The underlying research and blockchain analysis in this article were originally published by Applied Technology Solutions (ATS), a Meridian3 joint venture partner, on August 14, 2026. (link) We are revisiting the findings here in light of subsequent U.S. government actions that have significantly expanded sanctions pressure on Iran's digital-asset sector and the foreign entities that facilitate its access to global financial markets. On August 24, the U.S. Trea