The U.S. Treasury Department sanctioned Nobitex, Iran’s largest digital asset exchange, and three other Iranian crypto platforms on Tuesday, placing a sharper compliance spotlight on crypto flows tied to Iran. 4 Exchanges, 4 Nationals Hit as U.S. Expands Iran Crypto Sanctions Campaign The Treasury’s Office of Foreign Assets Control, or OFAC, designated Nobitex, Wallex, Bitpin, […]
US Treasury sanctions Nobitex, Iran's largest crypto exchange, along with Wallex, Bitpin, and Ramzinex under the 'Economic Fury' campaign targeting sanctions evasion.
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The sanctions on Nobitex highlight the increasing scrutiny on crypto exchanges globally, potentially reshaping international financial compliance.
The post Treasury Department sanctions Nobitex for facilitating terror finance and sanctions evasion appeared first on Crypto Briefing.
The Office of Foreign Assets Control designated Nobitex, Wallex, Bitpin and Ramzinex, along with their leadership, naming the exchanges as the digital-asset rails for Iran's central bank and the Islamic Revolutionary Guard Corps.
The US Treasury has announced a new round of Iran-related sanctions targeting crypto channels used to move value across borders, with Treasury officials arguing that Iran has turned to digital asset tools to bypass restrictions and maintain access to international funds. New Iran Sanctions On Crypto Exchanges The Treasury’s Office of Foreign Assets Control (OFAC) […]
The sanctions on Nobitex highlight the increasing scrutiny on crypto exchanges globally, potentially reshaping international financial compliance.
The post Treasury Department sanctions Nobitex for facilitating terror finance and sanctions evasion appeared first on Crypto Briefing.
HYPE has been setting new all-time highs above $70 as the market faces selling pressure and uncertainty that has weighed on most assets across the crypto ecosystem. The divergence between HYPE’s performance and the broader market weakness has been one of the defining stories of recent weeks — and data from Lookonchain has surfaced a specific trade that captures the magnitude of what has been building in this asset over the past six months. Related Reading: Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019 Six months ago, a trader identified as wallet 0x082e opened a 5x leveraged long position on 1.38 million HYPE tokens with a notional value of approximately $99.77 million. The position has remained open through every market fluctuation, every broader crypto selloff, and every moment of uncertainty that has tested conviction across the ecosystem since it was initiated. HYPE Whale activity | Source: Hypurrscan Today, that position is sitting on over $46 mi
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Peter Zhang
May 30, 2026 08:47
The US Treasury confiscates $1B in Iranian crypto assets as part of ‘Operation Economic Fury,’ escalating financial measures against Tehran.
The United States has seized nearly $1 billion in Iranian cryptocurrency assets, Treasury Secretary Scott Bessent disclosed on Friday at the Reagan National Economic Forum. This marks a significant escalation in the financial pressure campaign against Tehran, dubbed ‘Operation Economic Fury.’ Bessent detailed that U.S. authorities had “outright grabbed the wallets,” suggesting that some Iranian users may still be unaware their funds are gone. “Some of them may be typing in right now and not have realized that their wallet had been grabbed,” he added. Launched in March 2025, Operation Economic Fury has targeted Iranian financial resources across multiple avenues, including cryptocurrency seiz