
CybersecurityCriticalBreaking
US Sanctions Exchange Over Ransomware
The U.S. Treasury has sanctioned Nobitex, Iran's largest cryptocurrency exchange, for allegedly facilitating ransomware payments and other illicit transactions. This move is part of a broader U.S. effort to disrupt the financial networks used by cybercriminals and state-sponsored actors, effectively cutting the exchange off from the U.S. financial system.
BleepingComputer1 min read