{"id":3602,"date":"2026-06-04T21:41:45","date_gmt":"2026-06-04T21:41:45","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3602"},"modified":"2026-06-04T21:41:45","modified_gmt":"2026-06-04T21:41:45","slug":"us-sanctions-irans-largest-crypto-exchange-nobitex-in-expanded-economic-pressure-campaign","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/06\/04\/us-sanctions-irans-largest-crypto-exchange-nobitex-in-expanded-economic-pressure-campaign\/","title":{"rendered":"US Sanctions Iran\u2019s Largest Crypto Exchange Nobitex in Expanded Economic Pressure Campaign"},"content":{"rendered":"\n
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The United States has imposed sanctions on Nobitex, Iran\u2019s largest cryptocurrency exchange, along with three other Iranian digital asset platforms, as part of the Trump administration\u2019s Economic Fury initiative designed to intensify financial pressure on Tehran.<\/p>\n\n\n\n

The sanctions, announced by the US Department of the Treasury\u2019s Office of Foreign Assets Control (OFAC), target Nobitex, Wallex, Bitpin, and Ramzinex. US authorities claim these exchanges helped users evade international sanctions, supported financial activities tied to Iran, and processed transactions linked to the Islamic Revolutionary Guard Corps (IRGC).<\/p>\n\n\n\n

Concerns Over Terror Financing and Sanctions Evasion<\/strong><\/p>\n\n\n\n

In a statement released this week, Treasury Secretary Scott Bessent said Iran has increasingly relied on digital asset technologies to further what he described as its corrupt agenda. According to Bessent, these technologies have been used to bypass sanctions and move wealth outside the country. He emphasized that the Treasury Department will continue monitoring financial activities across both traditional banking systems and digital asset networks as part of broader efforts to prevent Iran from advancing its nuclear program.<\/p>\n\n\n\n

Treasury officials stated that Nobitex handled more than half of all cryptocurrency inflows into Iran during 2025, making it a key player in the country\u2019s digital asset sector. The agency alleges that the exchange facilitated payments connected to terrorist financing, sanctions avoidance, and transactions involving the IRGC, including operations linked to ransomware groups associated with the organization.<\/p>\n\n\n\n

Authorities also claim Nobitex enabled the Central Bank of Iran to access hundreds of millions of dollars in stablecoins used to support the Iranian rial. In addition, the exchange allegedly helped regime insiders gain access to international cryptocurrency platforms across several jurisdictions.<\/p>\n\n\n\n

Treasury officials further stated that Nobitex assisted in safeguarding and transferring assets abroad despite internet disruptions that occurred from the beginning of the conflict. Alongside the sanctions against the company, OFAC designated several executives and officials, including Amir Hossein Rad, the exchange\u2019s chairman, cofounder, and former chief executive officer.<\/p>\n\n\n\n

According to Treasury findings, Rad played a key role in restoring Nobitex\u2019s operations following a $90 million cyberattack in June 2025.<\/p>\n\n\n\n

The agency also sanctioned Nobitex cofounders Seyed Mohammad Ali Aghamir Mohammad Ali and Seyed Mohammad Aghamir Mohammad Ali, both members of the Kharrazi family, which Treasury described as being closely connected to Supreme Leader Mojtaba Khamenei\u2019s inner circle. Current Nobitex CEO Seyed Ali Khoee was also included in the sanctions.<\/p>\n\n\n\n

Wallex, Bitpin, and Ramzinex Also Face Sanctions<\/strong><\/p>\n\n\n\n

Treasury identified Wallex as Iran\u2019s second largest cryptocurrency exchange by trading volume, stating that it received approximately 12 percent of the country\u2019s digital asset inflows in 2025 and allegedly facilitated transactions linked to the IRGC.<\/p>\n\n\n\n

Bitpin accounted for roughly 10 percent of Iranian cryptocurrency inflows during the same period and reportedly processed millions of dollars in transactions, including transfers allegedly connected to the IRGC. Treasury also noted that some of the platform\u2019s investors have been associated with efforts to circumvent US sanctions.<\/p>\n\n\n\n

Ramzinex, a Tehran based exchange established in 2018, has processed more than $2.45 billion in transactions. US authorities allege that it facilitated financial activities linked to both the IRGC and a financial institution backed by the Iranian government.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The United States has imposed sanctions on Nobitex, Iran\u2019s largest cryptocurrency exchange, along with three other Iranian digital asset platforms, as part of the Trump administration\u2019s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3602","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3602"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3602\/revisions"}],"predecessor-version":[{"id":3604,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3602\/revisions\/3604"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}