Amir Hossein Rad

Background

Amir Hossein Rad is Nobitex’s chairman, co-founder, and former CEO. After studying at Sharif University of Technology, Rad went on to establish Nobitex in 2018 along with Ali and Mohammad Kharrazi (using the surname Aghamir). The company soon became Iran's largest cryptocurrency exchange and now claims over 11 million users.

According to Reuters, Nobitex received numerous visits by the IRGC in its initial years, ultimately leading to Rad's arrest in 2021. This IRGC interest led to speculation amongst the staff with one worker stating that Nobitex had refused to process funds related to sanctioned oil sales. In an interview in 2025 Rad brushed off any speculation and stated that his arrest was “one of the side effects of working in Iran".

Since its conception Nobitex is reported to have processed between tens and hundreds of millions of dollars in transactions linked to sanctioned groups including the IRGC. OFAC allege that Rad has been instrumental in the reconstitution of Nobitex operations since a $90 million hack of the company in 2025.

Further Details

• Alias: Amir Rad, Amirhossein Rad
• DOB: 1986-03-21
• National ID number: 4324461872
• Email: arad@nobitex.ir / radamir@gmail.com
• Phone: 989121810513

Sanctions

Amir Hossein Rad is under the following sanctions:

• US Office of Foreign Assets Control (OFAC): E.O.13902