US Sanctions Iran’s Largest Crypto Exchange, 3 Others for Terror Ties, Sanctions Evasion

The Treasury targeted Nobitex, whose cofounders are close associates of former Supreme Leader of Iran Ali Khamenei’s family.

The U.S. Department of the Treasury in Washington on Aug. 8, 2025. Madalina Kilroy/The Epoch Times

The U.S. government on Tuesday sanctioned four Iranian digital asset exchanges, including the largest in the country.

Nobitex, Wallex, Bitpin, and Ramzinex were designated, along with four C-level executives at Nobitex, including Chairman and co-founder Amir Hossein Rad, current CEO Seyed Ali Khoee, and two other co-founders from the Kharrazi family, the U.S. Treasury Department’s Office of Foreign Assets Control announced.