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Tag: Nobitex

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On-Chain Data Shows the Real Story Behind Iran’s $90 Million Nobitex Hack

In Brief On-chain analysis reveals Iran’s Nobitex exchange used laundering-like methods—including peelchains and chip-off wallets—to routinely move funds months before the $90 million hack. A so-called “rescue wallet” had been active since October 2024, quietly collecting smaller BTC chunks from internal wallets long before the breach occurred. Post-hack fund movements followed the same pattern as…
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