Iranian Crypto Outflows Surge 700% After Airstrikes, Raising Capital Flight Concerns
Crypto outflows from Iran surged dramatically within minutes of coordinated U.S. and Israeli airstrikes on Tehran, according to blockchain analytics firm Elliptic. The firm reported that outgoing transactions from Nobitex, Iran’s largest cryptocurrency exchange, spiked by approximately 700 percent immediately after the first strikes, pointing to a potential rush to move funds offshore. Elliptic said […]