Israel is not only bombing Iran, but hackers have also emptied Iran's largest exchange - key points

Hackers linked to Israel have stolen money from Iran’s biggest crypto exchange called Nobitex. Nobitex announced on X, June 18 that someone got into part of its system without permission and took money from their "hot wallet." The hackers only took money from some hot wallets, not from the "cold storage," so most users’ assets are still safe, according to the report by TheStreet.

Nobitex said it will pay back all the affected users using its insurance fund and company resources. Because of the hack, Nobitex’s website and app are currently down. A hacker group called Gonjeshke Darande, also known as Predatory Sparrow, said they did the attack. This group is linked to Israel, as per reports.

Hackers warning

The hackers threatened to leak Nobitex’s secret computer code and internal info within 24 hours. The hackers said they attacked Nobitex because Iran uses it to break sanctions and "finance terror." This same group had earlier hacked data from Iran’s Islamic Revolutionary Guard Corps bank called “Bank Sepah”, as stated by TheStreet.


According to reports, crypto expert ZachXBT wrote on Telegram that Nobitex lost about $81 million through suspicious transfers on Tron and Ethereum networks. The hacking group confirmed ZachXBT’s $81 million theft claim in their next message. Iran uses cryptocurrency to fight Western economic sanctions that it calls “terrorism.”

Many Bitcoin traders like Iran because electricity is cheap, especially after China cracked down on crypto.Iran has a lot of oil and gas but struggles to use global financial markets because of sanctions, as reported by TheStreet.

FAQs

Q1. How much money was stolen from Nobitex?
Around $81 million was stolen, mostly from Ethereum and Tron wallets. (ZachXBT via Telegram)

Q2. Who are the hackers behind the Nobitex attack?
The group is called Gonjeshke Darande and is linked to Israel.