Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Cryptocurrency»Pro-Israel Hacker Group Claims Responsibility for Iran’s Nobitex $49M Cyberattack
    Cryptocurrency

    Pro-Israel Hacker Group Claims Responsibility for Iran’s Nobitex $49M Cyberattack

    FintechFetchBy FintechFetchJune 18, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Iranian cryptocurrency exchange Nobitex has suffered a security breach that led to the unauthorized transfer of approximately $48.65 million worth of crypto assets on the Tron network, according to on-chain sleuth ZachXBT.

    The exchange confirmed that a portion of its hot wallets and reporting infrastructure had been compromised.

    Nobitex Hacked

    In an official statement, Nobitex said all access was promptly suspended and assured users that the incident had not impacted customer assets held in cold storage. The exchange also pledged full compensation through its insurance fund and internal reserves.

    The pro-Israel hacker group Gonjeshke Darande (Persian for “Predatory Sparrow”) has claimed responsibility for the cyberattack and issued a stark warning in a graphic posted to social media. The message accuses Nobitex of being “at the heart of the regime’s efforts to finance terror worldwide” and functioning as Iran’s favored mechanism for circumventing international sanctions.

    The hackers even threatened to release the platform’s source code and internal data within 24 hours, which has put all remaining assets on the platform at risk.

    “The regime’s dependence on Nobitex is evident from the fact that working at Nobitex is considered valid military service, as it is considered vital to the regime’s efforts. These cyberattacks are the result of Nobitex being a key regime tool for financing terrorism and violating sanctions. Associating with regime terror financing and sanction violation infrastructure puts your assets at risk.”

    The breach coincides with day six of escalating Iran-Israel tensions, as both sides intensify the attacks.

    Nobitex Linked to 85% of Crypto Inflows to Sanctioned Entities

    Earlier this year, blockchain intelligence firm TRM Labs highlighted Nobitex’s central role in global illicit finance flows. TRM’s March report revealed that, in 2024 alone, Nobitex and the now-defunct Russian exchange Garantex facilitated over 85% of crypto inflows to sanctioned entities and jurisdictions.

    Although not under international sanctions, Nobitex has functioned as a key link in transferring funds between Iran and high-risk Russian exchanges, often facilitating cross-border transactions that bypass traditional financial controls.

    SPECIAL OFFER (Sponsored)

    Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

    LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHere are the 3 most-sold FTSE 100 stocks at Hargreaves Lansdown in the past week
    Next Article Aave v4 Details: Aave Is King of DeFi, Is $650 Inevitable?
    FintechFetch
    • Website

    Related Posts

    Cryptocurrency

    Will ENA Smash the $0.65 Barrier After 12% Rally?

    August 7, 2025
    Cryptocurrency

    Massive Bitcoin Price Prediction by Arthur Hayes: Calls for BTC at $250K

    August 7, 2025
    Cryptocurrency

    Volo Launches BTC Vaults

    August 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    In Conversation With Emirates NBD: Embracing AI, Blockchain and Quantum for Digital Transformation

    May 10, 2025

    Mastering the Markets: The Real Depth of Forex Trading Unveiled: By Naina Rajgopalan

    March 25, 2025

    Europol Busts $540 Million Crypto Fraud Network That Scammed 5,000 Victims Globally

    June 30, 2025

    SHIB’s Sideways Move May Be Hiding Big Targets

    August 6, 2025

    Cardano Set For 1,000% Explosion? Analyst Says ‘Just HODL’

    April 23, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Binance Earn Unveils Feature Letting Users Buy Crypto at a Discount

    July 29, 2025

    Here’s how Warren Buffett’s 2024 letter to shareholders can teach us to be better investors

    March 1, 2025

    Reciprocal Tariffs Actually Make Wealthy Americans Even Richer

    April 3, 2025
    Our Picks

    USDC Drives 3x Surge in Crypto Payrolls Over Past Year

    August 7, 2025

    Will ENA Smash the $0.65 Barrier After 12% Rally?

    August 7, 2025

    Here’s what £1k invested in Greggs shares a month ago is worth now

    August 7, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.