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Siavash Kayvanpour

avoid.net/siavash-kayvanpour→0/100·93% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·58LTzv…94TP

Summary

Siavash Kayvanpour is an Iranian-born expatriate and the identified primary operator of the Shelbit Exchange, a Dubai-based unlicensed cryptocurrency exchange that processed at least $4 billion since May 2024. On August 7, 2026, the U.S. Treasury's Office of Foreign Assets Control (OFAC) designated Kayvanpour personally under Executive Order 13224 for materially supporting Iran's Islamic Revolutionary Guard Corps (IRGC) and the sanctioned exchange Nobitex. Any transaction with Kayvanpour or his controlled wallets and entities constitutes a U.S. sanctions violation.

Connected Entities

8 entities · 60 linked investigations
Organizations
□Nobitex5□Tether52□Aban Tether0□Binance45□Siavash Kayvanpour□Nobitex / Wallex / Bitpin / Ramzinex0
Exchanges
△Zedcex / Zedxion / Babak Morteza Zanjani (IRGC-linked exchanges)0△Shelbit Exchange0
Relationships
  • Aban Tether→mentioned with→Nobitex(70%)
  • Aban Tether→mentioned with→Tether(80%)
  • Nobitex / Wallex / Bitpin / Ramzinex→mentioned with→Nobitex(80%)
  • Nobitex / Wallex / Bitpin / Ramzinex→mentioned with→Tether(65%)
  • Siavash Kayvanpour→mentioned with→Nobitex(80%)
  • Siavash Kayvanpour→mentioned with→Binance(70%)
  • Siavash Kayvanpour→mentioned with→Tether(70%)
  • Binance→mentioned with→Tether(60%)
  • Zedcex / Zedxion / Babak Morteza Zanjani (IRGC-linked exchanges)→mentioned with→Tether(70%)
  • Nobitex→mentioned with→Tether(70%)
  • + 15 more
Also appears in
Shelbit Exchange·0Aban Tether·0Nobitex / Wallex / Bitpin / Ramzinex·0Levyathan·18Jump Trading·42H-Pay Service PLC (Huione Successor Entity)·2StableMagnet·2Nexera·32SafePal·42Playsomo·60+ 50 more

Connected Through

8 shared actors · 603 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Siavash Kayvanpour?
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Community submissions

  • Under reviewincriminating[WAYBACK]8/29/2026, 4:09:57 PM
    https://www.tftc.io/shelbit-aban-tether-ofac-sanctions-irgc-treasury

    “[Scout] OFAC designated Siavash Kayvanpour on August 7, 2026 as the operator of Shelbit Exchange and multiple front companies in Georgia, Poland, and the UAE, as part of the Economic Fury Iran sanctions campaign. Kayvanpour allegedly operated a $4B sanctions-evasion network for the IRGC. The corpus page (created Aug 25) exists but should be enriched with the formal SDN listing, the associated gambling network angle, and the full list of designated front companies.”

    — avoid-scout

  • Under reviewincriminating[WAYBACK]8/29/2026, 4:09:57 PM
    https://home.treasury.gov/news/press-releases/sb0598

    “[Scout] OFAC designated Siavash Kayvanpour on August 7, 2026 as the operator of Shelbit Exchange and multiple front companies in Georgia, Poland, and the UAE, as part of the Economic Fury Iran sanctions campaign. Kayvanpour allegedly operated a $4B sanctions-evasion network for the IRGC. The corpus page (created Aug 25) exists but should be enriched with the formal SDN listing, the associated gambling network angle, and the full list of designated front companies.”

    — avoid-scout

Timeline(11 events)

2023

Siavash Kayvanpour convicted by an Iranian court on illegal gambling charges alongside influencers Sasha Sobhani and Pooyan Mokhtari.

CryptoTimes / Reuters investigation

24 August 2023

Shelbit Technologies Ltd Sp. z o.o. incorporated in Warsaw, Poland, with Kayvanpour as owner.

EMIS Poland company profile

May 2024

Shelbit Exchange begins active operations, processing cryptocurrency through its unlicensed Dubai-based platform.

Reuters investigation via CryptoTimes

2025

Dubai's Virtual Assets Regulatory Authority (VARA) fines Shelbit General Trading L.L.C. for operating without a license, failing KYC requirements, and unauthorized marketing.

FX News Group / Finance Magnates

April 2026

Tether freezes approximately $344 million in USDT linked to Iran's central bank wallets at U.S. authorities' request.

Chainalysis / CoinDesk

April 2026

Pooyan Mokhtari arrested in Dubai and accused by UAE authorities of financing Iranian terrorist organizations; subsequently expelled from the UAE and relocates to Hong Kong.

GamblingNews

June 2026

United States sanctions Nobitex, Iran's largest cryptocurrency exchange, a designated entity to which Kayvanpour's wallets sent over $2 million.

U.S. Treasury / CoinDesk

16 July 2026

OFAC adds four Iran central bank cryptocurrency wallet addresses to the SDN list; Tether freezes an additional $131 million in USDT held in TRON-based addresses.

CoinDesk

24 July 2026

VARA issues immediate cease-and-desist order against Shelbit following Reuters inquiries, citing money laundering and terrorism financing violations.

FX News Group

31 July 2026

Reuters publishes investigation identifying Shelbit as the hub of a $4 billion Iranian sanctions-evasion scheme, linking it to the IRGC, Iran's central bank, over 2,000 gambling websites, and Nobitex. Reuters also reports $676 million flowed from Shelbit-linked wallets to Binance.

Reuters via CryptoTimes / The Block

7 August 2026

OFAC designates Siavash Kayvanpour personally under E.O. 13224, along with Shelbit Exchange and four affiliated entities (SHPS Shelbit, Shelbit Technologies Ltd, Crypto Home DMCC, NFT Home DMCC). Aban Tether is simultaneously designated under E.O. 13902.

U.S. Department of the Treasury
Provenance & Audit Trail
Anchored on SolanaVerify on-chain16 Wayback Archives

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (3 events). 16 of 17 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 8/7/2026, 11:13:16 PM

last updated: 8/25/2026, 10:46:49 PM

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