Cryptocurrency Heist Unveils Alleged Israel-Iran Cyber Warfare

A cyberspace intrusion, allegedly linked to Israel, drained over USD 90 million from Iran's Nobitex cryptocurrency exchange. The Predatory Sparrow hacking group claims responsibility, asserting political motives. The attack highlights tensions between Israel and Iran amid allegations that Nobitex facilitated transfers supporting sanctioned entities.


Devdiscourse News Desk | Dubai | Updated: 19-06-2025 16:32 IST | Created: 19-06-2025 16:32 IST
Cryptocurrency Heist Unveils Alleged Israel-Iran Cyber Warfare
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  • Country:
  • United Arab Emirates

A significant cybersecurity breach has rocked Nobitex, Iran's largest cryptocurrency exchange, with hackers siphoning over USD 90 million. According to blockchain analytics firms, the attack is linked to a group potentially associated with Israel.

Dubbed Gonjeshke Darande or 'Predatory Sparrow,' the hackers accuse Nobitex of aiding Iran's government in circumventing Western sanctions, transferring funds to militant allies over nuclear program concerns. This breach is emblematic of the heightened tensions following recent military strikes between Israel and Iran.

The incident underscores the geopolitical friction as it highlights the potential for digital platforms to become battlegrounds. Allegations tied the stolen assets to messages targeting Iran's Revolutionary Guard, emphasizing the political undertones rather than financial gains, in this high-stakes cyberattack scenario.

(With inputs from agencies.)

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