Nobitex, Sanctions, and a Family Network: Iran’s Crypto Tale

The report lays out a ledger not of recipes but of futures: the exchange has processed transactions in the tens of millions, even hundreds of millions of dollars, tied to sanctioned groups and to the central bank and the Islamic Revolutionary Guard Corps. These figures arrive like an omen, not a verdict, suggesting a route through which the state may ferry funds to its friends beyond the official banking channels.

