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Israeli-Linked Hackers Allegedly Loot $82m From Iran’S Leading Crypto Platform in Covert Strike
Hackers linked to Israel just pulled off a digital heist that would make Ocean’s Eleven jealous. The group calling themselves Gonjeshke Darande, or “Predatory Sparrow,” reportedly drained approximately $82 million from Nobitex, Iran’s cryptocurrency exchange. This wasn’t just about the money though. It was a political statement wrapped in blockchain technology.
The hackers moved stolen funds across multiple networks including Tron, Bitcoin, Dogecoin, and Ethereum-compatible chains. They even got creative with wallet addresses, embedding anti-Iranian messages like “TKFuckiRGCTerroristsNoBiTEXy2r7mNX” on Tron. Another Ethereum address ended with “0xffFFfFFffFFffFfFffFFfFfFFFFDead” – subtle as a sledgehammer, but effective in making their point. According to blockchain security firm Elliptic, the attackers likely burned the funds by sending them to vanity addresses they created through brute force but don’t actually control.
This attack represents the latest escalation in ongoing cyber warfare between Israel and Iran. The hackers justified their actions by labeling Nobitex a “terror-financing tool” that helps Iran bypass international sanctions. Whether you agree with that assessment or not, one thing’s clear: ordinary crypto users got caught in the crossfire. Their funds? Gone faster than you can say “not your keys, not your coins.”
Nobitex confirmed the breach but stayed tight-lipped about the exact amount stolen. The exchange now faces threats of having its internal source code leaked, which could expose even more vulnerabilities. Industry experts pointed to the usual suspects: poor access controls, delayed detection, and inadequate monitoring systems. Basically, the digital equivalent of leaving your front door ajar in a bad neighborhood. Unlike decentralized exchanges that use liquidity pools and smart contracts, centralized platforms like Nobitex remain vulnerable to these traditional security breaches.
The technical execution was impressive, if ethically questionable. Hackers exploited multiple vulnerabilities to drain funds across different blockchain networks simultaneously. The speed of the operation suggests they knew exactly what they were looking for and how to get it. Blockchain investigator ZachXBT tracked $81.7 million in outflows from the exchange, providing concrete evidence of the massive scale of this breach.
This incident sends ripples through Iran’s crypto sector and highlights a growing trend of exchange compromises in 2025. For Iranian crypto users, it’s a harsh reminder that geopolitical tensions can hit your digital wallet just as hard as traditional sanctions. The message to exchanges everywhere is crystal clear: beef up security or become the next headline. In crypto, trust is everything – and Nobitex just learned that lesson the hard way.