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Trump Crypto Venture and Iran Exchange Share Blockchain Networks Amid Scrutiny
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Trump Crypto Venture and Iran Exchange Share Blockchain Networks Amid Scrutiny

New blockchain data has drawn attention to a surprising overlap between the crypto industry networks linked to Donald Trump’s digital asset venture and Iran’s largest cryptocurrency exchange, Nobitex. The findings raise questions about how global blockchain systems operate across political and regulatory boundaries.

Tristan R.
By Tristan R.

Senior Author · May 24, 2026

2 min
Key takeaways
New blockchain data has drawn attention to a surprising overlap between the crypto industry networks linked to Donald Trump’s digital asset venture and Iran’s largest cryptocurrency exchange, Nobitex.
The findings raise questions about how global blockchain systems operate across political and regulatory boundaries.
According to blockchain records reviewed by analysts, Nobitex processed at least $2.3 billion in crypto transactions since 2023 using Tron and BNB Chain .

New blockchain data has drawn attention to a surprising overlap between the crypto industry networks linked to Donald Trump’s digital asset venture and Iran’s largest cryptocurrency exchange, Nobitex. The findings raise questions about how global blockchain systems operate across political and regulatory boundaries.

According to blockchain records reviewed by analysts, Nobitex processed at least $2.3 billion in crypto transactions since 2023 using Tron and BNB Chain. These blockchain networks were established by major crypto figures Justin Sun and Changpeng Zhao, both of whom have publicly backed World Liberty Financial, the crypto company co-founded by the Trump family.

Nobitex Crypto Activity and Sanctions Concerns

Nobitex has reportedly handled billions in digital assets, including transactions involving institutions linked to Iran’s financial system. Blockchain experts said activity continued during the recent Iran conflict, with more than $22.6 million moving through BNB Chain and over $550,000 via Tron after February 2026.

Iran’s central bank and entities linked to the Islamic Revolutionary Guard Corps (IRGC) have previously been connected to crypto activity through Nobitex, according to investigators monitoring sanctions compliance.

Trump Crypto Business Faces Conflict Questions

There is no evidence suggesting the Trump family knew about Nobitex’s blockchain use. However, critics argue the situation highlights potential concerns over business links intersecting with U.S. foreign policy.

Representatives of Trump’s crypto venture stated the company has no operational relationship with Nobitex and follows U.S. laws. Meanwhile, Tron and BNB Chain described themselves as open blockchain networks that do not directly control user activity or transactions.

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About the author

Tristan R.
Tristan R.

8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.