Blockchain Security Firm Reports Suspicious Transactions Worth $12.5 Million by Crypto Exchange

According to blockchain security firm Cyvers there have been suspicious transactions worth over $12.5 million from the hot wallet of the Iranian crypto exchange Nobitex.

Cyvers detected multiple suspicious transactions with Nobitex exchange, that drained around $12.5 million worth of digital assets. Nobitex has yet to comment on whether these were authorized transactions or whether hackers are responsible for the activities.

As of writing, one of the suspicious addresses holds over $12.5 million worth of assets.

Token Holding of Suspicious Wallet That Drained Funds From Nobitex. Source: Etherscan

This is a developing story…

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