After unleashing ‘Epic Fury’ on Iran, the United States has launched another front to step up its pressure on the country. The US, on Tuesday, imposed sanctions on Iran’s largest cryptocurrency exchange, Nobitex, and several of its senior executives, accusing the platform of helping the Iranian government and sanctioned entities bypass Western restrictions.

ALBAWABA - In an operation dubbed “Economic Fury”, the United States seizes $1 billion worth of Iranian cryptocurrency, according to Treasury Secretary

June 2 (Reuters) - The United States issued new Iran-related sanctions on Tuesday, targeting individuals and crypto exchanges, a notice on the Treasury Department website…

Nobitex is controlled by two brothers from one of Iran’s most powerful families

The department previously blacklisted two exchanges with ties to the Iranian regime after Tehran’s crackdown on protesters in January.