Iranian Crypto Exchange Nobitex Under Sanctions Scrutiny
🔴 Tension RisingIntellectia AI2026-05-03
Iranian cryptocurrency exchange Nobitex is under scrutiny due to allegations that it routed approximately $2.3 billion in USDT to evade U.S. sanctions. The U.S. Treasury has frozen $344 million in cryptocurrency linked to Iran, indicating a high-priority enforcement stance. UK authorities are also monitoring the exchange for potential sanctions evasion.