Iran Crypto Exchange Nobitex Linked To Sanctions Evasion
🔴 Tension Risingibtimes.sg2026-05-03
Iran's dominant cryptocurrency exchange, Nobitex, has been linked to sanctions evasion activities. The exchange serves as a critical bridge for Iranian users accessing international crypto markets due to Western sanctions, processing millions of transactions. Investigations revealed that the exchange facilitated transactions linked to sanctioned entities, highlighting its role in a broader sanctions-evasion architecture.