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

The $90 million hack of Iran’s largest crypto exchange, Nobitex, made global headlines. But newly surfaced blockchain data shows the breach exposed something bigger. A forensic report by blockchain intelligence firm Global Ledger found that months before the June 18 attack, Nobitex was systematically moving user funds using techniques commonly associated with money laundering. Was Iran’s Nobitex Exchange Laundering User Funds Before the Hack? On-chain data shows that Nobitex employed a method called peelchaining source: https://beincrypto.com/iran-nobitex-hack-crypto-laundering-investigation/