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Inside a data center in Tehran used by Iran's largest cryptocurrency exchange, Nobitex.

The Nobitex Dilemma: How Iran’s Largest Crypto Exchange Operates Beyond OFAC’s Reach

May 10, 2026 Jackson Miller

In late February 2026, Iran experienced a near-total internet shutdown following a joint U.S.-Israeli strike. Yet, amidst the digital blackout, one financial service remained fully operational: Nobitex, the country’s dominant cryptocurrency exchange. This resilience highlights a complex reality—a platform serving over 11 million Iranians while also functioning as a key financial conduit for a regime […]

OFAC crypto sanctions analysis showing blockchain wallet addresses flagged in Operation Economic Fury

OFAC crypto sanctions: Seized wallets may not be Iranian, analyst warns

May 7, 2026 Jackson Miller

New analysis questions whether wallets recently seized by the US Treasury’s Office of Foreign Assets Control (OFAC) actually belong to Iran. Blockchain intelligence firm Nominis suggests other state actors may be involved. The findings challenge the official narrative behind Operation Economic Fury. OFAC crypto sanctions target wallets in Operation Economic Fury On April 26, 2026, […]

Bithumb crypto exchange complies with OFAC sanctions by suspending transactions with Iran-related exchanges Zedxion and Zedcex.

Bithumb Takes Decisive Action: Suspends Transactions with Sanctioned Iran-Related Crypto Exchanges

February 2, 2026 Jackson Miller

Seoul, South Korea: In a significant move highlighting the tightening regulatory landscape for cryptocurrency, South Korea’s leading digital asset exchange, Bithumb, has announced a decisive suspension of deposit and withdrawal services for two specific platforms. The action targets the Iran-related exchanges Zedxion and Zedcex, following their designation on the U.S. Department of the Treasury’s Office […]

US Treasury sanctions crypto exchanges in landmark action against alleged Iran money laundering.

Crypto Sanctions Shock: US Treasury Targets Exchanges Zedcex and Zedxion for Iran Ties

January 31, 2026 Jackson Miller

Washington, D.C., April 2025: In a landmark enforcement action, the U.S. Department of the Treasury has delivered a stark warning to the global cryptocurrency industry. The Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two United Kingdom-registered cryptocurrency exchanges, Zedcex and Zedxion, for their alleged role in laundering funds for Iran’s Islamic Revolutionary Guard […]

US Treasury action against North Korea sanctions illicit crypto funding and IT worker scams to prevent weapons financing.

Vigilant North Korea Sanctions: US Unleashes Decisive Blow Against Crypto Funding Schemes

August 24, 2025 Sarah Chen

In the fast-moving sector of digital finance, the shadowy world of illicit activities often intersects with advanced technology. For those deeply immersed in the cryptocurrency space, understanding how digital assets can be exploited for nefarious purposes is vital. The latest actions by the U.S. Treasury against North Korea’s clandestine operations serve as a stark reminder […]

A visual representation of the U.S. Treasury's enforcement actions, with blockchain elements and a focus on Garantex sanctions, symbolizing financial regulation.

Garantex Sanctions: Urgent U.S. Treasury Action Targets Russian Crypto Exchange

August 14, 2025 Sarah Chen

The U.S. Treasury has announced significant new actions. This move directly targets the Russian cryptocurrency exchange Garantex. This development marks a critical escalation in the ongoing global effort to combat illicit finance within the digital asset space. For anyone following the intersection of crypto and national security, this news is paramount. It signals a strong […]

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