US Iran War Live Updates: US cracks down on Iran’s biggest crypto platform over IRGC links
- Posted on June 3, 2026
- By Business News Today
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- 1 min read
US Iran War Live Updates: US cracks down on Iran’s biggest crypto platform over IRGC links
Iran War News Updates Live: The United States on Tuesday imposed sanctions on Nobitex, Iran’s largest cryptocurrency exchange, accusing it of helping the Iranian government and blacklisted state entities bypass Western sanctions. The move follows a Reuters investigation published on May 1 that identified Nobitex as a key hub in a parallel financial network used to process hundreds of millions of dollars for Iran’s central bank and the Islamic Revolutionary Guard Corps (IRGC).