Nobitex
Last changed 2026-10-31 · Community evidence — A moderator accepted a piece of community-submitted evidence: Chainalysis confirms OFAC designated Nobitex on June 2, 2026 under counter-terrorism authority (SDGT), with the four named executives and >50% of Iranian inflows. Trust score now 4. Version history →
Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →
anchored·Eg1fS7…edw2Summary
Nobitex is Iran's largest cryptocurrency exchange, founded in 2017, claiming over 11 million users and handling approximately 70% of Iran's on-chain crypto volume. A March 2025 Reuters investigation identified its founders as brothers Ali and Mohammad Kharrazi — members of a family with documented ties to Iran's Supreme Leaders and the founding of the Islamic Revolutionary Guard Corps — who operated the exchange under an alternative surname. Blockchain analytics firms including Elliptic, Chainalysis, and TRM Labs have documented billions of dollars in flows through Nobitex connected to sanctioned Iranian state entities including the Central Bank of Iran and the IRGC, making the platform a critical node in Iran's sanctions evasion infrastructure.
Incidents (1)
- Nobitex June 2025 Hack (Predatory Sparrow)added 2026-06-27
Connected Entities
10 entities · 60 linked investigations- Ethereum→mentioned with→Bitcoin(60%)
- ZachXBT→mentioned with→Ethereum(70%)
- ZachXBT→mentioned with→Bitcoin(65%)
- ZachXBT→mentioned with→Binance(60%)
- Binance→mentioned with→Tether(60%)
- Zedcex / Zedxion / Babak Morteza Zanjani (IRGC-linked exchanges)→mentioned with→Tether(70%)
- Zedcex / Zedxion / Babak Morteza Zanjani (IRGC-linked exchanges)→mentioned with→TRON(70%)
- Binance→mentioned with→Ethereum(65%)
- Tether→mentioned with→Bitcoin(60%)
- Nobitex→mentioned with→Tether(70%)
- + 11 more
Community submissions
- https://www.chainalysis.com/blog/ofac-sanctions-iranian-crypto-exchanges-june-2026/(www.chainalysis.com)
“[Scout] Chainalysis reports that on June 2, 2026, OFAC designated Nobitex, which processed over 50 percent of Iranian digital-asset inflows last year, along with four of its executives — Amir Hossein Rad, Seyed Ali Khoee, and co-founders Seyed Mohammad Ali Aghamir and Seyed Mohammad Aghamir — under counter-terrorism authorities (SDGT).”
— avoid-scout(unverified)
3 submissions awaiting moderator review.
Timeline(11 events)
2017
Nobitex founded in Iran by brothers Ali and Mohammad Kharrazi, operating under the alternative surname Aghamir.
2023
Nobitex begins period of documented flows exceeding $2.3 billion on Tron and BNB Chain for sanctioned Iranian state entities including the Central Bank of Iran and IRGC, according to Chainalysis and Reuters.
25 March 2025
Reuters publishes investigation linking Nobitex's founders to the Kharrazi political dynasty, with documented connections to Iran's Supreme Leaders and IRGC founding, and identifying hundreds of millions of dollars in state-linked flows through the exchange.
18 June 2025
Pro-Israel hacking group Gonjeshke Darande (Predatory Sparrow) exploits Nobitex hot wallets, draining over $90 million in cryptocurrency across multiple chains. ZachXBT identifies suspicious outflows of $48.65 million on Tron, later revised to $81 million. Stolen funds are burned at invalid wallet addresses.
2 July 2025
Tether executes its largest Iran-linked USDT freeze to date, blacklisting 42 wallets. Iran's crypto flows drop approximately 11% in the months following the Nobitex hack and stablecoin enforcement actions.
2026
Elliptic publishes report documenting that Iran's Central Bank acquired at least $507 million in USDT routed primarily to Nobitex, using a UAE-based broker.
24 April 2026
Tether freezes $344 million in USDT across two Tron-based addresses linked to Iran, in connection with U.S. Treasury 'Economic Fury' enforcement actions.
29 April 2026
Al Jazeera reports on escalating US-Iran crypto enforcement conflict, describing an ongoing 'cat-and-mouse game' over sanctions with Nobitex at the center.
May 2026
OFAC clarifies that Iranian digital asset exchanges are considered blocked financial institutions under existing US sanctions law regardless of whether they appear on the SDN list by name.
Decision Log
- slot 463743856 · hash GpBaxbzU9JhuUdvHPC9jPkvYH44KSNZxiaxLQ2grJGSC
- slot 420650935 · hash BYDGDc2Ts6zujwRU7L46JR7jmsnsnRaubvPYTp96yvnx
This investigation is cryptographically anchored to the Solana blockchain (2 decisions).
model: claude-sonnet
generated: 5/4/2026, 2:54:22 AM
last updated: 10/31/2026, 3:45:16 PM
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