Iran’s central bank appears to have been using vast quantities of a cryptocurrency championed by Nigel Farage, according to a new report. Elliptic, a crypto analytics company, said it had traced at least $507m (£377m) of cryptocurrency issued by Tether – a company touted by the Reform UK leader – passing through accounts that appear to be controlled by Iran’s central bank. Elliptic’s report tracked what it says is the Iranian central bank’s “systematic accumulation” of Tether stablecoins, a type of crypto that is pegged to the dollar so it can easily be exchanged for hard currency. This pointed to
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