Iran’s top crypto exchange Nobitex allegedly helps IRGC move funds despite sanctions
Fast facts
- Category: Middle East
- Language: EN
- Published: 2026-05-01 14:36 UTC
- Sources: Times of Israel
A report reveals that Nobitex, Iran’s largest cryptocurrency exchange, has facilitated the Islamic Revolutionary Guard Corps in transferring millions of dollars, circumventing U.S. sanctions. The exchange’s founders are linked to families close to Iran’s supreme leader, though the firm denies any government ties. The findings raise concerns about the crypto sector’s role in evading restrictions on Iran’s military financing.