- According to the Reuters, blockchains Tron и BNB Chain, which processes transactions for the sanctioned Iranian crypto exchange Nobitex, are linked to the Trump family’s crypto ecosystem.
- A former US SEC official noted the irony of the situation in which members of the Trump family cooperate with networks that service exchanges subject to US sanctions.
Reuters Agency reported, that two major crypto industry ecosystems Tron и BNB Chain facilitated billions of dollars in transactions involving Iran’s largest crypto exchange.
Blockchain data analyzed by analysts shows that Iranian exchange Nobitex has processed at least $2,3 billion through its networks since 2023. Tron и BNB Chain.
Through its founder Justin Sun and the exchange Binance Both organizations are linked to the crypto project World Liberty Financial, which was run by members of the Trump family. It is reportedthat they supported the project in its early stages, giving it weight, especially at the launch stage.
It’s unlikely Trump or his family knew about Nobitex’s transactions on either blockchain, but critics argue that the president’s entourage should have been more discerning. Former head of the SEC’s Internet Enforcement Division, John Reed Stark call described the situation as “dramatic irony,” noting that platforms linked to Trump-linked cryptocurrency projects were simultaneously used by entities under US sanctions.
Nobitex has long been considered the main gateway for Iranian cryptocurrency activity. Analysts claim the exchange has been used by both ordinary citizens and organizations connected to Iran’s financial system, including those under Western sanctions. Research, conducted by independent cryptanalysts, show that the actual transaction volume may be significantly higher than public estimates.
According to the study, since the escalation of the conflict involving Iran in 2025, tens of millions of dollars in crypto assets continued to flow through Nobitex and be processed in Tron и BNB Chain.
Representatives Tron и BNB Chain claimed, that public blockchains are decentralized networks that cannot directly track all user activity. The team Tron emphasized that she cooperated with law enforcement agencies and froze wallets allegedly linked to sanctions evasion and terrorist financing. Binance stated that BNB Chain operates independently of the exchange itself, although Zhao is still associated with organizations related to blockchain infrastructure.
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