U.S. OFAC Sanctions Nobitex via Economic Fury Campaign
U.S. OFAC Sanctions Nobitex via Economic Fury Campaign US Treasury's Office of Foreign Assets Control sanctioned Nobitex, Iran's largest crypto exchange, along with Wallex, Bitpin, and Ramzinex. Treasury said it has frozen nearly $500M in regime-linked crypto under the campaign. OFAC said Nobitex processed over 50% of all Iranian digital asset inflows in 2025 and served as a conduit for IRGC-linked payments, ransomware, and sanctions evasion. Sanctioned parties are added to the SDN list, barring US persons and dollar-system participants from dealing with them, with secondary sanctions risk…
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