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Nobitex: The total amount of stolen assets is approximately $100 million, and user losses are fully covered by the reserve fund.

2025-06-19 09:47

BlockBeats News, June 19, Iranian cryptocurrency exchange platform Nobitex released the fourth announcement regarding the theft incident: "During our ongoing response to the recent security incident, the situation has now been brought under control, and all external access to our servers has been completely cut off. Users might observe a significant decrease in their wallet balances on various blockchain networks in Nobitex. This is because our technical team has proactively emptied the funds from hot wallets to ensure the safety of user assets. Therefore, there is no need for users to worry about these wallet balance changes.


The stolen assets have been transferred to a wallet using a non-standard address composed of random characters, which significantly differs from traditional cryptocurrency exchange attack patterns. These wallets were subsequently used to destroy and burn user assets. Clearly, the purpose of this attack was not financial gain, but rather an attempt to harm users' asset security and psychological well-being through deceptive means.


The stolen funds can still be publicly tracked on the blockchain network, with the current estimated total of stolen assets amounting to approximately $100 million. Additionally, due to network restrictions and external server access being blocked, platform recovery may take longer than usual. However, Nobitex is doing everything possible to expedite the repair process. All user assets are fully covered by the Nobitex reserve fund, ensuring that users will not incur any financial losses. Further updates on the progress will be continuously shared through subsequent announcements."

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