Iranian cryptocurrency exchange attacked, nearly 100 million USD in assets stolen
The military conflict between Iran and Israel has begun to extend into the cryptocurrency realm.
On June 18, 2025, on-chain detective ZachXBT revealed that Iran's largest crypto trading platform Nobitex allegedly suffered a hacking attack, involving abnormal transfers of large assets across multiple public chains.
SlowMist further confirmed that the affected assets in the incident encompassed TRON, EVM, and BTC networks, with initial loss estimates around 81.7 million USD.
Nobitex also released a statement confirming that some infrastructure and hot wallets did indeed experience unauthorized access, but emphasized that user funds are safe.
Notably, the attackers not only transferred funds but also actively moved a large amount of assets into a specially created burn address, with the burned assets valued at nearly 100 million USD.
The hacker group Predatory Sparrow (Gonjeshke Darande) claims responsibility for the attack and announced that they will release Nobitex's source code and internal data within 24 hours.
After directly burning crypto assets worth about 90 million USD, they referred to it as a “sanctions evasion tool” before publicly releasing Nobitex's source code.
I believe there are complex underlying issues in this incident, and it is quite chilling upon deeper reflection.
What do you all think? Feel free to leave comments below for discussion!
