Nobetex Exposed: Iranian Crypto Exchange Linked to Sanctioned Groups

Nobetex, Iran's largest cryptocurrency exchange, has been found to be controlled by two brothers from the influential Kharrazi family.

The investigation by Reuters revealed that the exchange processes transactions linked to sanctioned groups, including Iran's central bank and the Islamic Revolutionary Guard Corps (IRGC).

Despite claims of independence, estimates suggest at least $366 million of illicit funds have passed through Nobitex.