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International Business Times
International Business Times
Business
Merin Rebecca Thomas

Trump-Linked Crypto Networks Processed Billions For Iran Exchange During Conflict: Report

Crypto billionaire Justin Sun became a prominent backer of the Trump family’s World Liberty Financial venture as blockchain data linked Tron to billions of dollars in transactions involving Iran’s Nobitex exchange. (Credit: Reuters)

Iran's largest cryptocurrency exchange processed billions of dollars through blockchain networks tied to major supporters of the Trump family's crypto venture, according to a new report.

Iranian crypto exchange Nobitex handled at least $2.3 billion in transactions on the Tron and BNB Chain blockchain networks since 2023, according to blockchain data analyzed by Reuters. The transactions continued during the war in Iran, with at least $22.6 million moving through BNB Chain and more than $550,000 through Tron since the war began in late February.

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