US Sanctions Iran’s Largest Digital Asset Exchange Nobitex and 3 Others
Treasury said Nobitex processed more than 50% of Iranian digital asset inflows in 2025 and helped move funds for the IRGC and sanctioned entities.
- On Tuesday, The United States sanctioned Iran's largest cryptocurrency exchange, Nobitex, along with CEO Amir Hossein Rad and brothers Seyed Mohammad Ali Aghamir Mohammad Ali and Seyed Mohammad Aghamir Mohammad Ali for enabling sanctions evasion.
- Treasury officials accused Nobitex of providing "significant support" to the Iranian government, processing more than 50% of Iranian digital asset income last year to shield regime wealth and facilitate transactions linked to the Islamic Revolutionary Guard Corps.
- Controlled by brothers from the Kharrazi family, Nobitex previously denied government connections in April, claiming any illicit funds moved through the platform without management awareness or approval.
- Following last week's sanctions on the Persian Gulf Strait Authority, President Donald Trump's pressure campaign targets Iran's financial infrastructure to disrupt sanctions evasion and shipping control through the Strait of Hormuz.
- Amid stalled ceasefire talks, Treasury Secretary Scott Bessent noted the administration has seized about a billion dollars of Iranian cryptocurrency, while the U.S. military enforces a blockade on Iranian ports.
83 Articles
83 Articles
US Treasury Sanctions Iran's Largest Crypto Exchange Nobitex Along With Three Other Iranian Platforms Under Economic Fury Campaign
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four major Iranian cryptocurrency exchanges Tuesday as part of the Trump administration’s Economic Fury campaign: Nobitex, Wallex, Bitpin, and Ramzinex. The action targets the financial infrastructure that has handled the majority of Iranian crypto activity in recent years. The designations were extensive in scope. Treasury said Nobitex, Iran’s largest crypt…
US Sanctions Nobitex for Alleged IRGC Links
The United States has intensified its efforts to curb Iran’s access to global financial networks by targeting cryptocurrency platforms accused of helping Tehran bypass international sanctions. Washington has increasingly focused on digital assets as governments and sanctioned entities explore alternative methods to move funds outside the traditional banking system. The latest action targets Nobitex, Iran’s […] The post US Sanctions Nobitex for A…
A research shows that the Mullah regime handles hundreds of millions of dollars through the largest Iranian crypto market Nobitex. Now the US government is reacting with punitive measures.
Which companies were subject to restrictions? The United States imposed new sanctions against Iran on Tuesday. The restrictions affected individuals and cryptocurrency exchanges, RBC-Ukraine reported, citing the US Treasury Department's website. Read also: Iran makes six demands on the US for peace: what's on the list According to the Treasury Department's publication, the country imposed sanctions on four Iranian citizens and four Iranian digit…
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