How Global Crypto Network Connected Trump-Linked WLFI And Iran’s Largest Crypto Exchange

Nobitex, Iran’s top crypto exchange has moved billions of dollars through global Blockchain networks that also intersect with the World Liberty Financial (WLFI), a crypto venture associated with the family of US President Donald Trump. Nobitex has processed more than $2 billion on Tron since 2023 and at least $317 million on BNB Chain, according to Blockchain data from analytics firm Arkham. These networks are public Blockchain systems that record and verify crypto transactions without central control, thereby allowing users to transfer digital assets through wallet-based infrastructure.

Tron was created by crypto entrepreneur Justin Sun while BNB Chain emerged from the Binance ecosystem associated with Changpeng Zhao (CZ). Both networks function as widely used global settlement layers for digital assets with users paying fees to execute transactions. Sun and Binance, the exchange founded by Zhao, are also linked to WLFI.

Incidentally, Iranian crypto flows have continued through these systems even amid ongoing geopolitical tensions involving Iran, the US, and Israel, including periods of heightened conflict in the region. Since the US-Iran war began in February 2026, at least $22.60 million has moved through Nobitex on BNB Chain, and, at least $550,000 via Tron.

Nobitex has previously been identified as part of Iran’s broader parallel financial system used to navigate Western sanctions. According to a Reuters report, Nobitex is controlled by two brothers from a powerful Iranian family with ties to the country’s leadership structure. Previously, there have been reports of links between Nobitex activity and Iranian state-linked institutions, including central banking channels and the Islamic Revolutionary Guard Corps (IRGC).

The report, however, said that there is no suggestion that the Trump family had knowledge of Nobitex’s activity on these Blockchain networks. The White House has also denied any conflict of interest involving Trump-related business activities, while WLFI has said it does not control Blockchain networks or individual transactions and complies with US law.

According to the report, about $7.8 billion in crypto flowed between Nobitex and Binance from 2018-2022. A significant portion of those flows involved Tron-based assets. Nobitex has also previously encouraged users to rely on Tron-based transfers to reduce exposure to sanctions-related risks, according to the report.

Binance operates as a global crypto exchange, whereas Tron and BNB Chain function as underlying Blockchain systems that permanently record transaction data. Stablecoins, such as Tether (USDT) are widely used across these networks to enable cross-border transfers.

Tether has said it froze multiple wallet addresses linked to Nobitex at the request of Israeli authorities and said that compliance responsibility lies with platforms using its tokens.

Several crypto analysts who reviewed the $2.3 billion estimate said it aligns with observable Blockchain activity, though they noted actual flows could be higher due to limitations in tracking wallet ownership and reuse of addresses across networks.

Binance has stated that it does not operate or control BNB Chain, and mentioned it as a decentralised Blockchain maintained by independent validators. The company said it was an early contributor before its role was reduced in 2023, although corporate filings suggest ongoing ties between Binance-linked entities and BNB Chain Technology Holding. Tron representatives said the network operates as decentralized infrastructure and cannot monitor or verify all transactions due to its open design.

WLFI has attracted investment from prominent crypto figures, including Justin Sun. Binance-linked ecosystems have also supported trading activity involving tokens associated with the venture.

In October 2025, Donald Trump granted a pardon to Binance founder Changpeng Zhao by clearing a federal conviction tied to failures in anti-money-laundering compliance. Zhao’s representatives have denied any connection between business activity and the pardon.

In early 2025, an Abu Dhabi-based investment firm, MGX bought a $2 billion stake in Binance, further expanding institutional involvement in the exchange’s global footprint. The deal later intersected with WLFI Financial’s ecosystem when Binance-related infrastructure was used in transactions involving its USD1 Stablecoin.