List of Flash News about sanction evasion
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2025-06-26 17:32 |
Iran $90M Crypto Hack: Political Sabotage Impacts Sanction Evasion and Global Trading Markets
According to Tom Robinson, co-founder of Elliptic, the $90 million hack on Iranian cryptocurrency exchange Nobitex by pro-Israel group Gonjeshke Darande is an act of politically motivated sabotage, not financial theft. Yehor Rudytsia, a security researcher at Hacken, confirmed that the stolen funds were permanently burned in inaccessible vanity wallets, making recovery impossible. This event could cripple Iran's ability to bypass sanctions using cryptocurrency, potentially increasing regulatory scrutiny and volatility in global crypto trading markets. |