Crypto heist: Israel-linked hackers drain $90 million from Iran’s Nobitex; ‘Assets now entirely out in the open’

Jun 19, 2025 - 20:30
Crypto heist: Israel-linked hackers drain $90 million from Iran’s Nobitex; ‘Assets now entirely out in the open’

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Hackers, suspected to be linked with Israel, have stolen over $90 million from Nobitex, Iran's largest cryptocurrency exchange. The group, Predatory Sparrow, leaked Nobitex's source code and accused the platform of aiding Iran's government in circumventing sanctions and supporting militant groups. This cyberattack follows escalating tensions between Israel and Iran, raising concerns about cryptocurrency's role in international sanctions evasion.

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