Iranian crypto exchange Nobitex hacked for $73 million in cryptocurrency on the Tron network, and this has become one of the most significant security incidents of 2025. The Nobitex hack was exposed by blockchain investigator ZachXBT, who traced the stolen funds to an provocative wallet address. This Tron crypto scam represents a major crypto exchange security breach that has left thousands of Iranian traders unable to access their funds right now.

Also Read: BlackRock Flags Quantum Computing as Emerging Bitcoin Threat

ZachXBT Exposes Tron Hack as Crypto Scams and Risks Surge

Vanity Address Reveals Attacker’s Message

The Iranian crypto exchange Nobitex hacked funds were transferred to the Tron wallet address: TKFuckiRGCTerroristsNoBiTEXy2r7mNX, and this vanity address was deliberately created by the attacker. The address contains an explicit anti-terrorist message targeting the exchange, which shows the brazen nature of this attack.

ZachXBT’s investigation shows that suspicious outflows were observed from multiple wallets linked to the platform. The ZachXBT Nobitex analysis reveals the scale of this crypto exchange security breach, with funds being systematically drained from hot wallets over several hours.

How the Attack Unfolded

The Nobitex hack appears to have been executed over several hours, and the attacker moved funds in multiple transactions to avoid detection. The Tron crypto scam utilized the Tron network’s fast transaction speeds to quickly move the stolen cryptocurrency away from the exchange’s control, also making it harder to track.

At the time of writing, the exact exploit method used in this Iranian crypto exchange Nobitex hacked incident remains unclear. However, the systematic nature of the withdrawals suggests the attacker had gained access to the exchange’s internal systems, and this raises serious questions about their security protocols.

Impact on Iranian Crypto Market

This crypto exchange security breach has severely impacted Iran’s cryptocurrency ecosystem, and users are now facing significant losses. The ZachXBT Nobitex investigation has provided crucial evidence for potential recovery efforts, though the decentralized nature of the Tron network makes fund recovery challenging right now.

The attack demonstrates how vulnerable centralized exchanges remain to sophisticated hackers, and many users are questioning the security practices of other Iranian exchanges. Users of the platform are currently unable to withdraw funds, also creating panic in the local crypto community.

The Nobitex hack serves as another reminder that storing large amounts of cryptocurrency on exchanges carries significant risks. The Tron crypto scam’s use of an provocative vanity address also shows the brazen nature of modern crypto criminals, and highlights how attackers are becoming more bold in their approaches.

Also Read: BlackRock Plans to Become ā€œLargest Crypto Asset Managerā€

This is a developing story. Story updated as more information becomes available.

  • crypto
  • exchange
  • security