U.S. sanctions Iran’s largest crypto exchange, Nobitex, and others for allegedly enabling IRGC-linked terrorism financing and sanctions evasion through digital assets

OFAC’s press release designates Nobitex, Iran’s largest digital asset exchange, alongside Wallex, Bitpin and Ramzinex, alleging that Nobitex processed more than half of Iranian digital asset inflows in 2025 and facilitated activity linked to the IRGC, sanctions evasion and ransomware actors. The action blocks property and interests in property held by the designated parties under U.S. jurisdiction and signals continued Treasury focus on crypto channels used to move, protect or repatriate regime-linked funds…