A report published by the Israeli site “Walla” revealed controversial financial intersections, indicating that networks linked to circles close to Israeli Prime Minister Benjamin Netanyahu are benefiting from the escalating crisis in the Hormuz Strait, despite the direct tension with Iran.
According to the data, these networks are making indirect profits through the digital infrastructure used in managing financial transfers related to oil transit fees.
Digital Currencies Break the Siege: “Tether” as Iran's Gateway to Circumvent Sanctions
Tehran is increasingly relying on the stablecoin Tether to settle oil payments and collect transit fees in the Hormuz Strait.
This trend has enabled Iran to bypass the restrictions imposed on the traditional banking system, relying on blockchain networks that provide speed in transfers and difficulty in tracking, enhancing its ability to maintain revenue flow despite sanctions.
Entangled Relationships: Prominent Names Linking Tel Aviv with Currency Networks
The report pointed to a partnership between businessman Brock Pierce, one of the founders of “Tether,” and Amit Ben Artzi, highlighting potential entanglements between Israeli financial interests and the digital infrastructure used in money transfers related to Iran.
Profits in Wartime: Iran's Revenues Rise Despite the Closure
According to estimates from a former Mossad official, Iran managed to increase its oil revenues by more than 25% during the period of tension and closure of the strait, in a striking paradox.
This is attributed to the heavy reliance on digital currencies, which provided a fast and flexible alternative financial channel, away from traditional oversight.
Billions of Dollars through Blockchain: A Volume of Flows Hard to Ignore
Experts estimate that the amount of money passing annually through networks linked to Iran ranges between $8 billion and $10 billion, figures that reflect the rising role of the digital economy in geopolitical conflicts.
A large part of these transfers occurs through international platforms, opening the door for profit from technical fees for each transaction.
The Revolutionary Guard Strengthens Its Influence in the Iranian Digital Economy
International reports indicate that the Iranian Revolutionary Guard and its agents dominate more than half of the cryptocurrency activity within Iran, indicating the state's expanding influence in this vital sector.
The Iranian central bank has also purchased hundreds of millions of Tether to support foreign trade and stabilize the local currency.
Financial Panic Amid Escalation: Record Withdrawals from Trading Platforms
With the escalation of military tensions, Iranian trading platforms witnessed an unprecedented wave of withdrawals, as users rushed to transfer their funds to private wallets or external platforms.
The “Nobitex” platform, the largest in Iran, recorded a massive increase in withdrawals within minutes of airstrikes, reflecting a state of anxiety over asset freezes or service interruptions.
The Economy in Times of Crisis: Who Profits Behind the Scenes?
This data reveals another face of conflicts, where economic interests do not stop at the borders of political hostility. While tensions in the Hormuz Strait escalate, financial networks continue to profit from the digital infrastructure connecting conflicting parties.
In the absence of complete transparency, the question remains open: To what extent can the digital economy redraw the map of interests in a world of conflicts?