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Security Elliptic

OFAC sanctions Nobitex and three other Iranian cryptoasset exchanges

OFAC has designated Nobitex, Wallex, Bitpin and Ramzinex, plus Nobitex's chairman, two co-founders and its current CEO. Elliptic analysis shows that these exchanges have sent or received at least $40 billion in cryptoass...

OFAC sanctions Nobitex and three other Iranian cryptoasset exchanges
  • OFAC has designated Nobitex, Wallex, Bitpin and Ramzinex, plus Nobitex's chairman, two co-founders and its current CEO.

  • Elliptic analysis shows that these exchanges have sent or received at least $40 billion in cryptoassets.

  • Iranian cryptoasset exchanges were already blocked under existing sanctions. The listing names them and adds secondary-sanctions exposure.

  • Elliptic has linked Nobitex to IRGC-aligned activity, central bank stablecoin purchases and potential capital flight after the US-Israeli strikes.

 

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