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U.S. sanctions Iran's largest crypto exchange Nobitex for facilitating terrorism financing

  • What: US sanctions Iran's largest crypto exchange for terrorism financing
  • Impact: International pressure is placed on entities involved in illicit crypto activities
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Threat Intelligence U.S. sanctions Iran’s largest crypto exchange Nobitex for facilitating terrorism financing June 4, 2026 Share By SC Staff (Adobe Stock) The U.S. Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on Nobitex, Iran's largest cryptocurrency exchange, for its alleged role in facilitating payments linked to terrorist activities and sanctions evasion, Bleeping Computer reports. Nobitex is accused of processing over 50% of Iranian digital asset inflows in 2025 and enabling transactions connected to the Islamic Revolutionary Guard Corps (IRGC), including those associated with IRGC-linked ransomware actors. The sanctions also target Nobitex executives and founders, as well as three other Iranian exchanges: Wallex, Bitpin, and Ramzinex. This action freezes any assets of the designated entities and individuals under U.S. jurisdiction and prohibits U.S. persons from engaging in business with them. The move is expected to create international pressure, discouraging foreign companies from dealing with the sanctioned parties. In 2025, the Iranian cryptocurrency ecosystem reportedly received nearly $7.8 billion, with IRGC-associated addresses accounting for over 50% of the value in the fourth quarter. Nobitex alone handled more than half of these inflows. Source: Bleeping Computer SC Staff Related Threat Intelligence Russia FSB claims foreign intelligence used malware on officials’ phones SC Staff June 3, 2026 The FSB stated that the operation exploited the capabilities of unspecified "major international IT corporations" to extract sensitive information from targeted devices. Threat Intelligence Law enforcement arrests 29 in crackdown on illegal streaming operations SC Staff June 3, 2026 The operation successfully led to the removal of more than 27,000 illegal streaming URLs distributing copyrighted sports, film, and television content. Threat Intelligence Russian hackers exploit WinRAR vulnerability for data theft SC Staff June 2, 2026 The exploitation chain begins with a weaponized HTML Application payload called GammaPhish, which retrieves intermediate Visual Basic Script (VBScript) downloaders known as GammaLoad, according to Sekoia. Related Events Cybercast Better Threat Intelligence Between Public and Private Sectors On-Demand Event Virtual Conference Nationwide Cybersecurity Summit 2025: Safeguarding America’s Digital Future On-Demand Event Virtual Conference Securing the Future of Finance: Strategies to Counter Modern Cyber Threats On-Demand Event Get daily email updates SC Media's daily must-read of the most current and pressing daily news Business Email By clicking the Subscribe button below, you agree to SC Media Terms of Use and Privacy Policy . Subscribe Related Terms Account Harvesting Backdoor Deauthentication Attack Defacement Distributed Scans Domain Hijacking Google Hacking Hybrid Attack Password Cracking Reconnaissance You can skip this ad in 5 seconds

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