diff --git a/src/tribler/core/conftest.py b/src/tribler/core/conftest.py
index eb6d158aab8..b42f7d047b5 100644
--- a/src/tribler/core/conftest.py
+++ b/src/tribler/core/conftest.py
@@ -12,6 +12,7 @@
 from _pytest.python import Function
 from aiohttp.web_app import Application
 
+from tribler.core import patch_wait_for
 from tribler.core.components.restapi.rest.rest_endpoint import RESTEndpoint
 from tribler.core.components.restapi.rest.rest_manager import error_middleware
 from tribler.core.utilities.network_utils import default_network_utils
@@ -21,10 +22,13 @@
 # Note that the error can happen in an unrelated test where the unhandled task from the previous test
 # was garbage collected. Without the origin tracking, it may be hard to see the test that created the task.
 sys.set_coroutine_origin_tracking_depth(10)
-
 enable_extended_logging = False
 pytest_start_time: Optional[datetime] = None  # a time when the test suite started
 
+# Fix the asyncio `wait_for` function to not swallow the `CancelledError` exception.
+# See: https://github.com/Tribler/tribler/issues/7570
+patch_wait_for()
+
 
 # pylint: disable=unused-argument, redefined-outer-name
 
@@ -65,7 +69,6 @@ def pytest_runtest_protocol(item: Function, log=True, nextitem=None):
         yield
 
 
-
 @pytest.fixture(autouse=True)
 def ensure_gc():
     """ Ensure that the garbage collector runs after each test.
diff --git a/src/tribler/core/utilities/asyncio_fixes/wait_for.py b/src/tribler/core/utilities/asyncio_fixes/wait_for.py
index d14902e40dd..9ba2d9c419e 100644
--- a/src/tribler/core/utilities/asyncio_fixes/wait_for.py
+++ b/src/tribler/core/utilities/asyncio_fixes/wait_for.py
@@ -136,6 +136,9 @@ async def wait_for(fut, timeout, *, loop=None, lost_result_handler=None):
 
 
 def patch_wait_for():
+    """ Patch asyncio.wait_for to fix the bug with swallowing CancelledError
+    See: https://github.com/Tribler/tribler/issues/7570
+    """
     if sys.version_info >= (3, 12):
         return  # wait_for should be fixed in 3.12
 
diff --git a/src/tribler/core/utilities/tests/test_utilities.py b/src/tribler/core/utilities/tests/test_utilities.py
index 85f8c52bc1c..f57a7b83c42 100644
--- a/src/tribler/core/utilities/tests/test_utilities.py
+++ b/src/tribler/core/utilities/tests/test_utilities.py
@@ -1,4 +1,5 @@
 import binascii
+import logging
 from unittest.mock import MagicMock, Mock, patch
 
 import pytest
@@ -8,16 +9,17 @@
 from tribler.core.utilities.patch_import import patch_import
 from tribler.core.utilities.tracker_utils import add_url_params
 from tribler.core.utilities.utilities import (Query, extract_tags, get_normally_distributed_positive_integers,
-                                              is_channel_public_key,
-                                              is_infohash, is_simple_match_query, is_valid_url, parse_magnetlink,
-                                              parse_query, parse_bool, random_infohash, safe_repr, show_system_popup, to_fts_query)
-
+                                              is_channel_public_key, is_infohash, is_simple_match_query, is_valid_url,
+                                              parse_bool, parse_magnetlink, parse_query, random_infohash, safe_repr,
+                                              show_system_popup, to_fts_query)
 
 # pylint: disable=import-outside-toplevel, import-error, redefined-outer-name
 # fmt: off
+logger = logging.getLogger(__name__)
+
 
 @pytest.fixture
-async def magnet_redirect_server(free_port):
+async def magnet_redirect_server_port(free_port):
     """
     Return a HTTP redirect server that redirects to a magnet.
     """
@@ -30,10 +32,17 @@ async def redirect_handler(_):
     app.add_routes([web.get('/', redirect_handler)])
     runner = web.AppRunner(app, access_log=None)
     await runner.setup()
+
     http_server = web.TCPSite(runner, 'localhost', free_port)
+    logger.info(f'Starting a http server: {http_server.name}')
     await http_server.start()
+    logger.info(f'The http server has been started: {http_server.name}')
+
     yield free_port
+
+    logger.info(f'Stopping a http server: {http_server.name}')
     await http_server.stop()
+    logger.info(f'The http server has been stopped: {http_server.name}')
 
 
 def test_parse_magnetlink_lowercase():
@@ -88,17 +97,16 @@ def test_valid_url():
     assert is_valid_url(test_url4)
 
 
-async def test_http_get_with_redirect(magnet_redirect_server):
+async def test_http_get_with_redirect(magnet_redirect_server_port):
     """
     Test if http_get is working properly if url redirects to a magnet link.
     """
-    # Setup a redirect server which redirects to a magnet link
-    magnet_link = "magnet:?xt=urn:btih:DC4B96CF85A85CEEDB8ADC4B96CF85A85CEEDB8A"
-
-    test_url = "http://localhost:%d" % magnet_redirect_server
     async with ClientSession() as session:
-        response = await session.get(test_url, allow_redirects=False)
-    assert response.headers['Location'] == magnet_link
+        response = await session.get(
+            url=f"http://localhost:{magnet_redirect_server_port}",
+            allow_redirects=False
+        )
+    assert response.headers['Location'] == 'magnet:?xt=urn:btih:DC4B96CF85A85CEEDB8ADC4B96CF85A85CEEDB8A'
 
 
 def test_simple_search_query():