Fall of Iran: Bank Failures Not Seen Since the 1979 Fall of the Shah
- PAUL PRESTONxd
- 8 hours ago
- 1 min read
AENN
Looks Like the People of Iran have had enough.
Iranians panicking because Iran’s national bank in Shiraz is refusing to allow people to withdraw their money. “They won’t give money, they’ve closed the doors, and they say they don’t have any money.” The same thing happened during the fall of the Shah in 1979.
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The claim of banking disruptions in Shiraz at Bank Sepah appears credible. Multiple sources, including Cyberscoop and Iran International, confirm a cyberattack by the pro-Israel group Predatory Sparrow, causing ATM failures and account access issues. Social media and a video showing crowds in Shiraz support reports of panic. However, Iran's Central Bank claims normal operations, which contradicts these accounts. Without further evidence, the situation remains unresolved as of June 19, 2025.
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