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Iran's Biggest Crypto Exchange Nobitex Linked to Khamenei Family, Processed Millions in Suspect Transactions: Reuters
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Business·5/3/2026AI summary

Iran's Biggest Crypto Exchange Nobitex Linked to Khamenei Family, Processed Millions in Suspect Transactions: Reuters

Reuters investigation reveals Nobitex, Iran's largest crypto exchange serving 11M customers, was founded by two brothers from the Kharrazi family with ties to Supreme Leader Ali Khamenei. The Kharrazi dynasty has occupied positions close to Iran's leadership for generations. The exchange processed over $100M in transactions during the US-Israel conflict and is linked to billions in suspect flows, including transfers from Iran's central bank. The US has seized nearly $500M in Iranian crypto under Operation Economic Fury.

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Cointelegraph