Foreign media: Iran's largest cryptocurrency exchange Nobitex founder has links to the family of the Supreme Leader

Golden Finance reports that on May 3rd, according to Reuters investigation, Iran’s largest cryptocurrency trading platform Nobitex was founded by brothers Ali and Mohammad Kharrazi.
The two reportedly used the alias “Aghamir” to participate in company registration and business activities to downplay their connection to Iran’s power core, the Kharrazi family.
The report states that the Kharrazi family has long maintained close ties with Iran’s supreme leadership system, with connections to Ali Khamenei and his popular successor Mojtaba Khamenei.
The brothers’ grandfather was a member of the expert council responsible for appointing the supreme leader and served as Mojtaba’s mentor; their father was involved in founding the Iranian political organization Hezbollah and helped establish the Islamic Revolutionary Guard Corps.
Reuters states that Nobitex currently has over 11 million users and has continued operations even during nationwide internet outages and wartime in Iran.
Analysts estimate that during the conflict, the platform processed over $100 million in cryptocurrency transactions, with a large portion of funds flowing overseas.
Blockchain analysis firms point out that Nobitex has handled some transactions related to sanctioned entities, but different agencies report varying figures: Elliptic estimates suspicious funds related to these transactions at about $366 million, while Chainalysis estimates around $68 million.
Additionally, the report states that wallets associated with the Iranian central bank transferred several hundred million dollars in cryptocurrency to Nobitex in 2025, believed to be part of Iran’s efforts to circumvent financial sanctions.

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