The Iran-based cryptocurrency exchange Nobitex suffered a loss of $73 million due to a cyber attack, with claims that political reasons were behind the attack.
Iran's leading cryptocurrency exchange Nobitex announced that it suffered a loss of approximately $73 million due to a critical security vulnerability. The vulnerability was first revealed by the renowned on-chain analyst ZachXBT. ZachXBT noted that suspicious transfers were taking place from Nobitex wallets located on the Tron and Ethereum networks.
In a statement regarding the attack, Nobitex confirmed that unauthorized access occurred to its hot wallet and certain parts of its infrastructure. The platform announced that users' assets are safe and that losses for all affected customers will be covered by the insurance fund and the exchange's own resources.
There are political traces in the incident
As the details of the attack deepen, some clues indicating political tensions have also emerged. According to the information provided by ZachXBT, the attacker used a specific address named 'TKFuckiRGCTerr…..mNX'. The expression 'IRGC' within this address may refer to Iran's paramilitary force, the Islamic Revolutionary Guard Corps (IRGC). This situation raised suspicions that the attack could be linked to the ongoing conflicts between Iran and Israel.
Tensions between Iran and Israel have recently escalated with missile attacks and mutual threats. U.S. President Donald Trump is making diplomatic efforts to end the tension and is continuing ceasefire negotiations through Vice President J.D. Vance.
Israeli hackers claimed responsibility
Following ZachXBT's report, the pro-Israel hacker group Gonjeshke Darande announced that they claimed responsibility for the attack. The group stated that they conducted the attack by alleging that Nobitex was financing terrorism and violating sanctions.
The financial implications of this attack on the cryptocurrency exchange Nobitex, as well as its political and ideological effects, seem likely to continue to resonate significantly.