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Cyberattack hits Iran’s largest crypto exchange Nobitex

Jun 18, 2025, 13:25 GMT+1

Iran’s largest cryptocurrency exchange, Nobitex, has confirmed a security breach after a suspected cyberattack that resulted in the theft of tens of millions of dollars, as reports circulated of a $48 million loss.

The attack, which targeted Nobitex’s “hot wallet” infrastructure, was claimed by a hacktivist group Predatory Sparrow (Gonjeshke Darande), allegedly linked to Israel.

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