Amir Hossein Rad
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 0 → 26. Problems weighed by who is responsible: the subject's own conduct −75, concerns that are not fraud −12, incidents the subject suffered −6; legitimacy credit long-running +8; serious regulatory wrongdoing with no established harm to customers is held in WARNING (26–50); a recent unresolved incident −2.5; fact-check adjustments (−12) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -75 |
| Concerns that are not fraud | -12 |
| Incidents it suffered (e.g. hacks) | -6 |
| Long-running | +8 |
| Recent unresolved incident | -2.5 |
| Sum | -22 |
- Serious regulatory wrongdoing with no established harm to customers is held in WARNING (26–50).
Score: 26/100 (kept between 0 and 100)
How scoring works →Summary
Amir Hossein Rad is the chairman, co-founder, and former CEO of Nobitex, Iran's largest cryptocurrency exchange. On June 2, 2026, OFAC personally designated Rad under Executive Orders 13224 and 13902 for his leadership role at an exchange the U.S. Treasury accused of enabling sanctions evasion, supporting the Islamic Revolutionary Guard Corps (IRGC), and facilitating terrorist financing. He was among four individuals designated alongside the exchange itself as part of the Trump administration's 'Economic Fury' campaign targeting Iran's financial infrastructure.
Connected Entities
4 entities · 19 linked investigations- Amir Hossein Rad→mentioned with→Predatory Sparrow (Gonjeshke Darande)(75%)
- Amir Hossein Rad→mentioned with→Nobitex(80%)
- Predatory Sparrow (Gonjeshke Darande)→mentioned with→Nobitex(80%)
- Nobitex / Wallex / Bitpin / Ramzinex→mentioned with→Predatory Sparrow (Gonjeshke Darande)(75%)
- Nobitex / Wallex / Bitpin / Ramzinex→mentioned with→Nobitex(80%)
- Predatory Sparrow (Gonjeshke Darande)→mentioned with→Nobitex / Wallex / Bitpin / Ramzinex(70%)
- Nobitex / Wallex / Bitpin / Ramzinex→mentioned with→Amir Hossein Rad(80%)
- Amir Hossein Rad→mentioned with→Nobitex / Wallex / Bitpin / Ramzinex(75%)
Connected Through
4 shared actors · 19 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □Nobitexorganizationalso inSiavash Kayvanpour·0OFAC Iran Central Bank Crypto Wallet Freeze (July 2026)·0Operation Economic Outcast — Iran Digital Assets Sectoral Sanctions (August 2026)·0Babak Zanjani Network — Expanded OFAC Designations (July 2026)·0OFAC Operation Economic Outcast — Iran Digital Assets Sectoral Sanctions August 2026·0
- □Nobitex / Wallex / Bitpin / Ramzinexorganization
- □Amir Hossein Radorganization
- □Predatory Sparrow (Gonjeshke Darande)organization
Timeline(5 events)
2022
Nobitex co-founder Seyed Mohammad Aghamir begins a series of 17 updates to the exchange's core address-validation software, continuing through 2024, according to TRM Labs analysis of leaked source code.
TRM Labs18 June 2025
Nobitex suffers a $90 million hack attributed to the pro-Israel hacking group Predatory Sparrow (Gonjeshke Darande). Stolen funds are transferred to vanity addresses containing anti-IRGC slogans, effectively burning the assets. OFAC later cites Amir Hossein Rad's role in reconstituting the exchange's operations after this breach.
CNN / Elliptic2026
OFAC issues the first enforcement layer of the Economic Fury campaign, designating IRGC-linked cryptocurrency exchanges.
TRM LabsApril 2026
OFAC issues the second enforcement layer, sanctioning Central Bank of Iran cryptocurrency wallets.
TRM Labs2 June 2026
OFAC designates Amir Hossein Rad to the SDN list under E.O. 13224 and E.O. 13902, alongside Nobitex (Iran's largest crypto exchange), Wallex, Bitpin, Ramzinex, and three other Nobitex executives. This is the third and largest enforcement layer of the Economic Fury campaign targeting Iran's crypto ecosystem.
U.S. Department of the TreasuryDecision Log
- slot 455363306 · hash Eq6UvgXqEhgoGK4NvtocLZpM7dGi3Tx3VxedqvZyPtXa
- slot 443519322 · hash 4fmXiY9NZEYwmLmPtjLNgjGeSZPotrvzDfVwsctK5wBG
- slot 443519316 · hash CZoSEjL3JczGqsRRzL9LnVvyiouscoeJYTZMQKgbxDue
- slot 426849608 · hash 8vVeM68gsBkscQMoSAxof1wpCTcYxdqLTGT4sjUyp6Lw
This investigation is cryptographically anchored to the Solana blockchain (4 decisions). 13 of 13 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 6/16/2026, 12:10:17 PM
last updated: 10/10/2026, 6:43:12 PM
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