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Pro-Israel hackers take credit after $90 million stolen from Iran’s largest crypto exchange

IRAN, JUN 18 – Pro-Israel hackers stole and destroyed $90 million in cryptocurrencies to disrupt Iran's Revolutionary Guard Corps financial network, signaling intensified cyber conflict amid rising regional tensions.

  • Nobitex, the biggest cryptocurrency trading platform in Iran, experienced a security breach on Wednesday that resulted in over $90 million being stolen from its hot wallet.
  • The pro-Israel hacking group Predatory Sparrow claimed responsibility, accusing Nobitex of enabling sanctions violations and financing terrorism for the Iranian regime.
  • The hackers posted on X that this attack is political sabotage targeting a key regime tool that helps Iran evade sanctions and fund ballistic missiles and nuclear programs.
  • Elliptic reported the stolen funds were ‘burned’ by sending cryptocurrencies to inaccessible addresses, effectively destroying over $90 million to send a political message.
  • This cyberattack occurred amid escalating Israel-Iran conflict and suggests ongoing efforts to disrupt Iran’s financial infrastructure linked to the IRGC and sanctioned actors.
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Unchained

Unchained

Daily News, Business, Crypto and Tech News podcast featuring Laura Shin and James Seyffart

Why JPMorgan and Shopify Are Building on Ethereum Layer 2 Base

Unchained covers how pro-Israel hackers, Predatory Sparrow, burned $90 million in crypto from Iran’s Nobitex in a politically charged cyberattack.

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192 Articles

Lean Right

The conflict against Israel and Iran has been strengthened through the cryptomouses, with a group of hackers from Israel stealing $90 million in Iran. Recently, Iran's largest encryption bag, the...

·Portugal
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The war between Iran and Israel is also taking place in the cyberspace. The US could also become the target of attacks.

·Zürich, Switzerland
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Center

This group of hackers, "Gonjeshke Darande" in Farsi, claims recent attacks against Iranian interests. Its origin remains mysterious, but it could be supported by the Hebrew state

·France
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Haaretz broke the news in Tel Aviv-Yafo, Israel on Tuesday, June 17, 2025.
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