A Reuters investigation alleges that a powerful Iranian political family secretly controls Nobitex, Iran’s largest crypto exchange, at the centre of a vast digital network linked to sanctioned financial flows

The exchange was founded by two brothers from the influential Kharrazi family, who reportedly used a different surname to hide their identity. Nobitex has grown into Iran’s dominant crypto platform, serving millions of users (over 10 million) and handling the majority of the country’s crypto transactions. Blockchain analysis and investigations indicate it has processed large volumes of transactions linked to…