The United States is using sanctions and economic pressure to achieve in Iran what it could not accomplish through military strikes and bombings. Months after launching Operation Epic Fury in late February, the US has now imposed sanctions on Iran's largest cryptocurrency exchange, Nobitex, and several of its senior executives, accusing the platform of helping the Iranian government and other sanctioned entities bypass Western restrictions.

LONDON, June 2 : The United States announced sanctions on Iran’s biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian government and blacklisted state…

U.S. sanctions Iran's largest crypto exchange, Nobitex, for facilitating transactions linked to the IRGC amid internet shutdowns.

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.