Which nobitex Exchange handles the most Iranian Transactions?

The total volume of Iranian transactions flowing through Binance is far greater than through any other exchange, the data show. After Binance, the next most popular exchange for Nobitex users since 2018 was Seychelles-based KuCoin, which processed $820 million in direct and indirect transactions.

How much money did Binance send to nobitex?

As recently as this October, $20 million in Tron flowed directly between Binance and Nobitex, the data show. Iranians sanctioned by the U.S. Treasury for cyberattacks and ransomware activity have used Nobitex, a Chainalysis report in September said.

How much money did Binance invest in Iran?

Almost all the funds, some $7.8 billion, flowed between Binance and Iran's largest crypto exchange, Nobitex, according to a review of data from leading U.S. blockchain researcher Chainalysis. Nobitex offers guidance on its website on how to skirt sanctions.

How much Crypto has moved between Iranian exchanges and Binance?

The data reviewed by Reuters show that in total some $2.95 billion in crypto moved directly between Iranian exchanges and Binance since 2018. A further $5 billion in crypto moved between Iranian exchanges and Binance through layers of intermediaries, the data also reveal.