Official warning over rented crypto exchange accounts: the account holder is treated as an accomplice in money laundering

The social affairs and crime prevention department of the Alborz province judiciary issued an official notice, reported on Tuesday 6 Mordad 1405 (28 July 2026), warning of a new wave of fraud operating behind advertisements offering high paying work from home.

The method described is that fraudsters ask job seekers to register with an online crypto exchange and complete identity verification using their own documents, such as a national ID card and birth certificate, and then rent the management of that account in exchange for small weekly or monthly payments. The rented account is used to buy cryptocurrency and launder stolen funds. In law the account holder is responsible for every transaction carried out and, where an offence occurs, is treated as an accomplice.

At the same time the cyber police of Hamadan province launched a campaign titled think first, then click, warning of a marked rise in online fraud cases as Arbaeen travel begins. According to that warning, money stolen from pilgrims is laundered through the same rented crypto exchange accounts.