🛡️ URGENT: Major Cyberattack Hits Iran’s Crypto Sector

• What happened:

Hackers, likely the Israel-linked group Gonjeshke Darande (aka “Predatory Sparrow”), launched a politically motivated cyberattack on Nobitex, Iran’s largest crypto exchange. Over $90 million in cryptocurrencies—Bitcoin, Ethereum, Dogecoin, USDT and more—were siphoned off into burner wallets, effectively destroying the funds as a statement against Iran’s Revolutionary Guard

• Immediate impact:

Nobitex took its platform offline to investigate after detecting unauthorized access. Internet services across Iran experienced significant disruption following the breach

• Geopolitical backdrop:

This cyberattack occurs amid heightened Israel–Iran tensions following strikes on Iranian nuclear facilities and repeated retaliation cycles. Predatory Sparrow accused Nobitex of circumventing sanctions and channeling funds to militant groups, marking this as cyberwarfare, not a typical cyber-heist

🔍 Why it matters:

Shows how crypto platforms are now targets in geopolitical conflicts, not just financial crimes.

Signals deeper cyber escalation in the Iran-Israel standoff, with financial systems being weaponized.

Raises concerns about the security of crypto assets in sanctioned or politically charged regions.

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