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Iranian crypto outflows from Nobitex surge 700% following Tehran strikes – TON BOT

Iranian crypto outflows from Nobitex surge 700% following Tehran strikes

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Iran’s leading cryptocurrency exchange, Nobitex, saw a surge of over 700% in withdrawals following coordinated airstrikes by the United States and Israel on Tehran. The spike in withdrawals was linked to potential capital movement abroad to avoid economic uncertainty caused by the conflict. This trend of using digital assets to move funds out of Iran has been increasing, with Nobitex being the largest crypto exchange in the country. However, the exchange faced challenges in the past, including a hack by a pro-Israel hacker group that led to significant losses.

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