← Amir Hossein Radreviewed 2026-10-16 · 26 claims checked
Fact-check findings
What an automated fact-checker found when it re-read Amir Hossein Rad against the sources the page cites. Only the most recent review is shown.
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These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
disputed
2 claimsThe reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.
- #16[disputed][awaiting moderator]in section: Nobitex Hack and Post-Breach Operations
“Separately, TRM Labs noted that Nobitex's blockchain address-validation software — a core piece of exchange infrastructure — was authored and updated by co-founder Seyed Mohammad Aghamir 17 times between 2022 and 2024.”
reviewerTRM Labs found that Nobitex's address-validation software was authored and updated by co-founder Seyed Mohammad Aghamir 17 times between 2022 and 2024.This is a highly specific, checkable technical claim attributed to a named report that, on direct inspection, contains no such content. No other source corroborates it either. The claim appears to be fabricated and should be removed or re-sourced.Proposed correction (not yet applied)Separately, TRM Labs' published analysis of the leaked Nobitex source code does not identify a specific individual author or update count for the exchange's address-validation software. - #22[disputed][awaiting moderator]in the timeline
“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.”
reviewerNobitex co-founder Seyed Mohammad Aghamir begins a series of 17 updates to the exchange's core address-validation software in 2022, continuing through 2024, per TRM Labs.Same unsupported/fabricated claim as in sections[3], here presented as a dated timeline entry. Because the underlying premise cannot be verified, the implied 2022 start date is also unsupported; recommend removing this timeline entry entirely if no corroborating source can be found.Proposed correction (not yet applied)TRM Labs publishes an analysis of the Nobitex leaked source code focused on exchange infrastructure weaknesses; TRM's published analysis does not identify a specific individual author or update count for the address-validation software.
partially supported
3 claimsThe cited evidence supports part of the claim but not all of it.
- #5[partially supported][awaiting moderator]in section: OFAC Designation
“The action was part of the Trump administration's 'Economic Fury' campaign, described by Treasury as the largest U.S. crypto-specific enforcement action against Iranian exchange infrastructure to date.”
reviewerTreasury described the action as the largest U.S. crypto-specific enforcement action against Iranian exchange infrastructure to date.The underlying characterization (a landmark, large-scale action) is reasonably supported by secondary reporting, but the page incorrectly attributes this specific superlative framing directly to Treasury; Treasury's own release does not say this. - #12[partially supported][awaiting moderator]in section: Sanctions Evasion and Terrorist Financing Allegations
“processing an alleged $2.3 billion since 2023 for sanctioned Iranian entities”
reviewerNobitex processed an alleged $2.3 billion since 2023 for sanctioned Iranian entities.The $2.3 billion figure is real and matches Reuters reporting on Nobitex routing funds via Tron/BNB Smart Chain since 2023, but none of the four sources cited for this section actually contain it; the claim is accurate but misattributed to the wrong citation set. - #20[partially supported][awaiting moderator]in section: Broader Enforcement Context
“This was the first time Iran-incorporated digital asset exchanges were named directly to the SDN list.”
reviewerThis was the first time Iran-incorporated digital asset exchanges were named directly to the SDN list.The claim is true per independent reporting (The Defiant), but none of the three sources cited for this section actually make this specific claim; it is unsupported by its own citations.
confirmed
21 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in the summary
“Amir Hossein Rad is the chairman, co-founder, and former CEO of Nobitex, Iran's largest cryptocurrency exchange.”
reviewerRad is chairman, co-founder, and former CEO of Nobitex, Iran's largest cryptocurrency exchange.Confirmed by the primary Treasury source and corroborated by secondary reporting. - #2[confirmed][no action needed]in the summary
“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.”
reviewerOn June 2, 2026, OFAC designated Rad under E.O. 13224 and E.O. 13902 for his leadership role, citing sanctions evasion, IRGC support, and terrorist financing.Directly confirmed by the Treasury press release, dated June 2, 2026. - #3[confirmed][no action needed]in the summary
“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.”
reviewerRad was one of four individuals designated alongside the exchange itself as part of the 'Economic Fury' campaign.Confirmed. - #4[confirmed][no action needed]in section: OFAC Designation
“OFAC cited Rad's role as a 'leader or official' of Nobitex as the basis for the E.O. 13224 designation.”
reviewerOFAC cited Rad's role as a 'leader or official' of Nobitex as the basis for the E.O. 13224 designation.Confirmed verbatim against the Treasury release. - #6[confirmed][no action needed]in section: OFAC Designation
“Rad was designated alongside Nobitex's current CEO Seyed Ali Khoee and co-founders Seyed Mohammad Ali Aghamir and Seyed Mohammad Aghamir, who are identified as members of the Kharrazi family, described as part of Supreme Leader Khamenei's inner circle.”
reviewerRad was designated alongside Khoee and co-founders Ali Aghamir and Mohammad Aghamir, members of the Kharrazi family tied to Khamenei's inner circle.Confirmed against the primary source. - #7[confirmed][no action needed]in section: Role at Nobitex
“Nobitex, also registered under the corporate alias 'Rahkar Fanavari Nooyan,' is described by the U.S. Treasury as Iran's largest digital asset exchange, with approximately 11 million users.”
reviewerNobitex is also registered under the corporate alias 'Rahkar Fanavari Nooyan' and has approximately 11 million users.Both the alias and user count are independently corroborated. - #8[confirmed][no action needed]in section: Role at Nobitex
“The platform processed more than 50% of all Iranian digital asset inflows in 2025, representing an estimated $4.7 billion in volume for that year.”
reviewerNobitex processed more than 50% of Iranian digital asset inflows in 2025, an estimated $4.7 billion.Confirmed against the cited TRM Labs source. - #9[confirmed][no action needed]in section: Role at Nobitex
“The four Iranian exchanges designated in the June 2026 action — Nobitex, Wallex, Bitpin, and Ramzinex — collectively accounted for approximately $7.7 billion or 78% of Iran's 2025 crypto volume according to TRM Labs analysis.”
reviewerThe four designated exchanges (Nobitex, Wallex, Bitpin, Ramzinex) collectively accounted for ~$7.7 billion or 78% of Iran's 2025 crypto volume per TRM Labs.Confirmed; figures match the cited source precisely. - #10[confirmed][no action needed]in section: Role at Nobitex
“OFAC specifically cited Rad's role in helping Nobitex reconstitute its operations following a $90 million hack in June 2025, treating that recovery effort as evidence of ongoing material support for a designated entity.”
reviewerOFAC cited Rad's role in helping Nobitex reconstitute operations following the $90 million June 2025 hack as evidence of material support.Confirmed by both primary and secondary sources. - #11[confirmed][no action needed]in section: Sanctions Evasion and Terrorist Financing Allegations
“assisting the Central Bank of Iran in acquiring at least $507 million in stablecoins (primarily USDT) to support Iran's flagging currency, the rial”
reviewerNobitex assisted the Central Bank of Iran in acquiring at least $507 million in stablecoins (primarily USDT).Confirmed against the Elliptic research the Treasury action itself relied on. - #13[confirmed][no action needed]in section: Sanctions Evasion and Terrorist Financing Allegations
“Elliptic's independent analysis identified Nobitex blockchain activity connected to addresses associated with Hamas, DPRK-affiliated hacking groups, Syrian actors, and the sanctioned Russian exchange Garantex.”
reviewerElliptic identified Nobitex blockchain activity connected to Hamas, DPRK-affiliated hacking groups, Syrian actors, and sanctioned Russian exchange Garantex.Confirmed against the cited Elliptic research. - #14[confirmed][no action needed]in section: Nobitex Hack and Post-Breach Operations
“In June 2025, Nobitex suffered a $90 million cyberattack attributed to the pro-Israel hacking group Predatory Sparrow (also known as Gonjeshke Darande).”
reviewerIn June 2025, Nobitex suffered a $90 million cyberattack attributed to pro-Israel hacking group Predatory Sparrow (Gonjeshke Darande).Confirmed via an independent source (Elliptic) since the cited CNN URL could not be fetched directly in this review (HTTP 451). - #15[confirmed][no action needed]in section: Nobitex Hack and Post-Breach Operations
“The attackers compromised private keys and transferred funds from Nobitex to multiple vanity addresses containing anti-IRGC slogans — effectively burning the funds as a politically symbolic act rather than retaining them.”
reviewerAttackers transferred stolen Nobitex funds to vanity addresses containing anti-IRGC slogans, effectively burning the funds.Confirmed in detail against the cited Elliptic analysis. - #17[confirmed][no action needed]in section: Secondary Sanctions and Compliance Risk
“Scorechain and Crystal Intelligence both noted that under OFAC's 50% ownership rule, any entity in which a designated person holds 50% or more ownership is itself considered blocked, even if not explicitly named on the SDN list.”
reviewerUnder OFAC's 50% ownership rule, entities 50%+ owned by a designated person are themselves blocked even if not on the SDN list.Confirmed by both cited sources, which both load correctly. - #18[confirmed][no action needed]in section: Secondary Sanctions and Compliance Risk
“The collective $40 billion in cryptoasset transactions processed by the four designated exchanges, as calculated by Elliptic, underscores the scale of potential compliance exposure for any counterparties that interacted with Nobitex wallets.”
reviewerThe four designated exchanges collectively processed $40 billion in cryptoasset transactions, per Elliptic.Confirmed exactly against the cited Elliptic figure. - #19[confirmed][no action needed]in section: Broader Enforcement Context
“The June 2, 2026 designation of Rad and Nobitex was the third enforcement action targeting Iran's crypto ecosystem within a five-month period, according to TRM Labs. Earlier actions in the same campaign included January 2026 designations of IRGC-linked exchanges and April 2026 sanctions on Central Bank of Iran wallets.”
reviewerThe June 2, 2026 designation was the third enforcement action targeting Iran's crypto ecosystem within a five-month period, per TRM Labs, after January 2026 and April 2026 actions.Confirmed; minor simplification in describing the January 2026 action does not change the substance. - #21[confirmed][no action needed]in section: Broader Enforcement Context
“The action also targets the Kharrazi family network — co-founders Ali and Mohammad Aghamir are identified as members of this family, which is described as part of Supreme Leader Khamenei's inner circle — indicating that Treasury viewed Nobitex as embedded within Iran's political and security apparatus rather than a commercially independent enterprise.”
reviewerThe Kharrazi family (co-founders Ali and Mohammad Aghamir) is part of Supreme Leader Khamenei's inner circle, indicating Nobitex was embedded in Iran's political/security apparatus.Confirmed; the interpretive framing is a reasonable reading of the Treasury release. - #23[confirmed][no action needed]in the timeline
“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.”
reviewerNobitex suffered a $90 million hack on 2025-06-18 attributed to Predatory Sparrow; funds sent to anti-IRGC vanity addresses; OFAC later cited Rad's reconstitution role.Confirmed via Elliptic since the cited CNN URL returned HTTP 451 on direct fetch in this review. - #24[confirmed][no action needed]in the timeline
“OFAC issues the first enforcement layer of the Economic Fury campaign, designating IRGC-linked cryptocurrency exchanges.”
reviewerOFAC issues the first enforcement layer of Economic Fury, designating IRGC-linked cryptocurrency exchanges, in 2026 (January).Confirmed; 'IRGC-linked exchanges' is a fair simplification of TRM's 'exchange-branded stablecoin infrastructure with direct IRGC exposure.' - #25[confirmed][no action needed]in the timeline
“OFAC issues the second enforcement layer, sanctioning Central Bank of Iran cryptocurrency wallets.”
reviewerOFAC issues the second enforcement layer, sanctioning Central Bank of Iran cryptocurrency wallets, in April 2026.Confirmed. - #26[confirmed][no action needed]in the timeline
“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.”
reviewerOn 2026-06-02, OFAC designated Rad alongside Nobitex, Wallex, Bitpin, Ramzinex, and three other Nobitex executives as the third and largest enforcement layer of Economic Fury.Confirmed.
How this fits together. The reviewer reads the published page and its cited sources and records one finding per claim. A human moderator decides whether each proposed correction is applied; those decisions, and the score changes they cause, appear in the audit log. Earlier review runs are not shown here; only the latest reflects the page as it stands.