Vahid Mazloumin and his accomplice Mohammad Esmaeil Qassemi were put to death in prison on Wednesday morning after the country’s Supreme Court upheld their death sentences and the legal process was completed.
Mazloumin, 58, had been arrested in July for collecting the coins over 10 months to agitate the market.
Two tons would be the equivalent of around 250,000 coins.
Since late August, Iran’s Judiciary has been holding public trials of individuals involved in major economic corruption cases.
Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei earlier permitted Judiciary Chief Ayatollah Sadeq Amoli Larijani to take special measures in order to confront economic corruption and called for “swift and just” legal action against financial crimes.
The Leader described “outright and unequivocal” treatment of economic corruption as one of the Judiciary’s major duties, stressing that confronting economic corrupts must be decisive and effective.
The Leader urged the Judiciary to fully inform people about its measures to tackle economic corruption, saying the judicial system should let people realize the authenticity of its anti-corruption measures and turn the threats into opportunities.