Archive · 19 Jun 2025
Pro-Israel Hackers Steal $90M from Iran Crypto Exchange
A group called 'Predatory Sparrow,' possibly connected to Israel, stole over $90 million from Iran's largest cryptocurrency exchange, Nobitex.
They then leaked the secret code of the exchange and sent the stolen money to addresses with angry messages about Iran's leaders.
This was likely done to make a point and cause trouble, not for money.
The hackers believe Nobitex helped Iran get around money rules.
Iran has not yet commented on this, and Israel denies ties with the hackers.
Hackers, possibly linked to Israel, stole over $90 million from Nobitex, Iran's largest crypto exchange.
The hacking group released Nobitex's source code.
Stolen funds were sent to addresses with messages critical of Iran's Revolutionary Guard.
The attack is likely politically motivated, not financial.
The hackers, 'Predatory Sparrow,' accused Nobitex of aiding Iran's government in evading sanctions.
- Who
- The hacking group "Predatory Sparrow," potentially linked to Israel.
- What
- A cyberattack on Nobitex, Iran's largest cryptocurrency exchange, resulting in the theft of over $90 million and release of source code.
- When
- Reported June 19, 2025
- Where
- Iran, targeting the Nobitex cryptocurrency exchange.
- Why
- Likely politically motivated, possibly to disrupt Iranian financial networks and send a message.
Predatory Sparrow's Perspective
Iranian Perspective
Motivation
Predatory Sparrow's Perspective
The attack was meant to send a political message and to disrupt Iranian financial networks.
Iranian Perspective
The attack was intended to damage Iranian financial systems and send a message about Iran's nuclear program and dealings with militants.
- Target
- Nobitex cryptocurrency exchange
- Hacking Group
- Predatory Sparrow
- Estimated Loss
- $90 million
- Motive
- Geopolitical
- Actions Taken
- Stole funds and released source code
- Accusation
- Nobitex helped Iran evade sanctions
Sources
Iran Crypto Exchange Hit By Hackers, $90 Million Destroyed
Predatory Sparrow destroys $90 million in crypto, claims devastating attack on Iran’s Nobitex Exchange
Iran’s largest crypto exchange Nobitex hacked; $90 million stolen in cyberattack
Hackers say they wiped out USD 90 million from Iran crypto-currency exchange
Pro-Israel Hackers Steal $90 Million From Iran Crypto Exchange, Leak Source Code
