Iran is resorting to the use of cryptrocurrency in order to bypass the sanctions imposed by the West.
It is now reported that 95% of the assets of the Iranian crypto exchange Nobitex vanished due to a breach by a hacker group called “The Predatory Freedom,” which is identified with Israel.
According to an Israeli military correspondent, the Nobitex exchange is linked to Iranian efforts to circumvent the sanctions imposed on Iran by using cryptocurrencies.
As of today, according to foreign sources, the amount of digital currency
in wallets connected to this exchange dropped from $1.8 billion to just $100
million.
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