
PANews May 2 news, according to Reuters, two founders of Iran's largest cryptocurrency exchange Nobitex, Ali and Mohammad, have been revealed to be members of the Iranian elite family Kharrazi. The platform has processed tens of millions to hundreds of millions of dollars in crypto transactions related to the Iranian Central Bank and the Islamic Revolutionary Guard Corps (IRGC) without being sanctioned by the US. Blockchain analysis company Elliptic pointed out that from November 2024 to June 2025, the Iranian Central Bank wallet traded approximately 500 million dollars in crypto assets through Nobitex, of which about 347 million dollars flowed to Nobitex in the first half of 2025. The investigation also showed that Nobitex had significant financial interactions with overseas exchanges like Binance and continued to provide services to a small number of "whitelisted" users during Iran's wartime internet blackout.
Previously reported, Iran's cryptocurrency exchange Nobitex was revealed to have transferred over 2.3 billion dollars since 2023.
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