Nobitex
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'Economic Fury' on Iran: US seizes Tehran's biggest crypto network amid peace talks
After unleashing ‘Epic Fury’ on Iran, the United States has launched another front to step up its pressure on the country. The US, on Tuesday, imposed sanctions on Iran’s largest cryptocurrency exchange, Nobitex, and several of its senior executives, accusing the platform of helping the Iranian government and sanctioned entities bypass Western restrictions. The move, ‘Economic Fury’ is part of the Trump administration’s efforts to increase economic pressure on Tehran amid the ongoing...
US sanctions Iran's largest crypto exchange over IRGC links
US sanctions Iran's largest crypto exchange over IRGC links LONDON, June 2 : The United States announced sanctions on Iran’s biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian government and blacklisted state institutions to circumvent Western sanctions. The new sanctions follow a Reuters investigation published on May 1 which showed how Nobitex had become a central node in a parallel financial system used to process hundreds of millions of dollars for Iran’s...
US sanctions Iran's largest crypto exchange over IRGC links
US sanctions Iran's largest crypto exchange over IRGC links LONDON, June 2 : The United States announced sanctions on Iran’s biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian government and blacklisted state institutions to circumvent Western sanctions. The new sanctions follow a Reuters investigation published on May 1 which showed how Nobitex had become a central node in a parallel financial system used to process hundreds of millions of dollars for Iran’s...