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Nobitex / Wallex / Bitpin / Ramzinex

avoid.net/nobitex-wallex-bitpin-ramzinex→2/100·97% conf.
[AI-DRAFTED · AWAITING VERIFICATION]
anchored·4kyDWV…CKrF

Summary

On June 2, 2026, the U.S. Treasury's Office of Foreign Assets Control (OFAC) designated four Iranian cryptocurrency exchanges — Nobitex, Wallex, Bitpin, and Ramzinex — on the Specially Designated Nationals (SDN) list under Executive Orders 13224 and 13902 as part of the Trump administration's 'Economic Fury' maximum pressure campaign against Iran. The four exchanges collectively processed approximately $7.7 billion in 2025, representing roughly 78% of Iran's attributed crypto volume, and allegedly facilitated terror finance, sanctions evasion, IRGC-linked ransomware payments, and the Iranian Central Bank's acquisition of hundreds of millions in USDT. Secondary sanctions apply, meaning any foreign financial institution transacting with these entities after June 2, 2026 risks losing U.S. dollar correspondent banking access.

Connected Entities

1 entities
Organizations
□Nobitex / Wallex / Bitpin / Ramzinex
Relationships
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    Community submissions

    Timeline(9 events)

    2017-01-01

    Nobitex domain registered using an email address containing the Kharrazi surname, per Reuters investigation.

    The Block (Reuters report)

    2018-01-01

    Nobitex formally founded by Ali and Mohammad Kharrazi (operating under surname Aghamir). Ramzinex also founded in Tehran.

    U.S. Treasury / Unchained Crypto

    2025-03-01

    Trump administration launches 'Economic Fury' campaign targeting Iran's financial infrastructure.

    Unchained Crypto

    2026-01-01

    OFAC designates Zedcex and Zedxion — UK-registered, IRGC-linked exchange stablecoin infrastructure — as the first Economic Fury enforcement layer against Iran's crypto sector.

    TRM Labs

    2026-04-01

    OFAC freezes Central Bank of Iran cryptocurrency wallets; Tether coordinates freeze of $344.2 million in USDT as the second Economic Fury enforcement layer.

    TRM Labs / Scorechain

    2025-06-17

    Predatory Sparrow (Gonjeshke Darande) hacks Nobitex, draining approximately $90–100 million from hot wallets and routing funds to inaccessible addresses.

    Crypto Times / TRM Labs

    2025-06-19

    Predatory Sparrow publishes Nobitex's complete internal source code, revealing anti-surveillance modules (owshen, zpk, incentivized_mixer) and corroborating the operational role of designated individual Seyed Mohammad Aghamir.

    Crypto Times / TRM Labs

    2026-06-02

    OFAC designates Nobitex, Wallex, Bitpin, and Ramzinex on the SDN list under E.O. 13224 and E.O. 13902, alongside four Nobitex executives. Secondary sanctions apply. Treasury Secretary Bessent cites terror finance, sanctions evasion, and IRGC material support.

    U.S. Treasury

    2026-06-02

    OFAC publishes FAQ 1257 clarifying secondary sanctions exposure for foreign financial institutions transacting with the four designated Iranian exchanges.

    OFAC
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain15 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (1 event). 15 of 15 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 6/21/2026, 5:11:25 PM

    last updated: 7/27/2026, 10:56:27 AM

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