On June 18, 2025, Iran's largest cryptocurrency exchange platform Nobitex experienced a security breach, resulting in the theft of over 90 million USD. This incident highlighted the sanctions pressure faced by the exchange and its significant position in the Iranian cryptocurrency market. The event not only reflected the security risks of cryptocurrency exchanges but also sparked concerns about the regulatory environment for cryptocurrencies in Iran.

<p>On June 18, 2025, Iranian cryptocurrency platform, Nobitex, was exploited, resulting in the loss of more than $90 million in…</p>
<p>The post <a href="https://www.chainalysis.com/blog/nobitex-iranian-exchange-exploit-june-2025/">Nobitex, Sanctions, and The $90 Million Exploit: A Window into Iran’s Largest Crypto Exchange</a> appeared first on <a href="https://www.chainalysis.com">Chainalysis</a>.</p>

Iran's largest crypto exchange Nobitex experiences a $90 million security breach