US Treasury’s OFAC just dropped sanctions on Nobitex 🌑 Iran’s top crypto exchange plus three others in a fresh wave of the Economic Fury push to squeeze Tehran harder.
Terror Finance and Sanctions Evasion Risks
Treasury Secretary Scott Bessent claimed this week that Iran’s been leaning on digital assets to fuel its shady plans 🖤 dodging sanctions and shifting wealth abroad. He promised they’ll keep tracing flows through banks and DeFi alike to block any nuke dreams. Nobitex handled over 50% of all Iranian digital inflows in 2025 and sat right in the middle of the local scene. Treasury says it moved payments tied to terror ops, IRGC deals and even ransomware crews. The exchange also helped the Central Bank grab hundreds of millions in stablecoins to prop up the rial while letting insiders hop onto global platforms. Nobitex shielded assets during early blackout chaos too. OFAC tagged chairman Amir Hossein Rad and other execs 🕸️
Wallex, Bitpin, and Ramzinex Also Targeted
Wallex the second biggest by volume pulled in 12% of those inflows and got called out for IRGC links. Bitpin took 10% and moved millions more with similar ties plus some investors flagged for dodging sanctions. Ramzinex founded back in 2018 has cleared over $2.45 billion total and now faces the same heat for IRGC and state bank connections.
Just another echo from the void by iconofsin.eth 💖
