nobitex - Iran's Nobitex Exchange Linked to $2.3 Billion in Crypto Transfers
According to Reuters, Iran’s largest cryptocurrency exchange, Nobitex, has transferred at least $2.3 billion since 2023 via Tron and BNB Smart Chain, with some funds linked to entities under U.S. sanctions, including Iran’s Central Bank (CBI), IRGC, Hamas, and Hezbollah. Data from blockchain analytics firms Arkham and Elliptic show over $2 billion in transactions on Tron and approximately $317 million on BNB Smart Chain, with tens of millions of dollars still flowing since the outbreak of hostilities.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
