Nobitex hack visual showing cryptocurrencies burning

Hack Drains $90M From Nobitex in Major Geopolitical Crypto Breach

Introduction In a high-profile Nobitex hack on June 18, $90 million worth of cryptocurrencies was siphoned from Iran’s leading crypto exchange. The stolen assets were transferred into inaccessible wallets—an act widely interpreted as political sabotage rather than profit-driven theft. Background Nobitex is Iran’s primary exchange, facilitating billions in annual on-chain crypto. Its purported collaboration with…