#CryptoStocks Scary Crypto News – June 19, 2025

Today, the crypto world was shocked by a major hack against the Iranian exchange, Nobitex, worth $90 million. The perpetrator, hacker "Predatory Sparrow", not only stole but also burned assets — as part of a political conflict.

Not only that, Q1 2025 data shows that over $1.6 billion in crypto assets have been stolen. Bybit became the biggest victim, followed by Phemex and DeFi protocols like Mantra Network that suffered rug pulls amounting to billions of dollars.

Even more frightening, cases of kidnapping and torture against crypto asset owners are starting to rise in Europe and the US.

The bottom line: Security is no longer an option, but an obligation. Use cold wallets, protect your digital identity, and do not underestimate the risks—both online and in the real world.