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Iran Imposes Crypto Trading Curfew After Politically Motivated Nobitex Hack
Iran Imposes Crypto Trading Curfew After Politically Motivated Nobitex Hack
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Iranian authorities have tightened regulations on cryptocurrency exchanges following a high-profile cyberattack on Nobitex, the nation's largest trading platform. The Central Bank now restricts operations to a 10-hour window—10:00 a.m. to 8:00 p.m.—amid heightened security concerns.
The attack, claimed by pro-Israeli hacker group Gonjeshke Darande, resulted in $90 million of digital assets being deliberately burned rather than stolen. Blockchain analytics firms Elliptic and Chainalysis confirmed the funds were sent to unrecoverable wallets containing anti-Iranian Revolutionary Guard messages, marking the latest escalation in cyber hostilities between Iran and Israel.
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