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Home CRYPTO

Nobitex Crypto Exchange Hacked for $90M by Pro‑Israel Hackers: Here is What We Know

Michael Juanico by Michael Juanico
June 18, 2025
in CRYPTO, FINANCE, OPINION, POLITICS
Reading Time: 3 mins read
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  • Iranian crypto exchange Nobitex was hacked for over $90M by Israeli-linked group Gonjeshke Darande, who claim it’s a political strike.
  • Stolen funds were sent to unusable vanity addresses, suggesting the hack wasn’t financially motivated.
  • Nobitex confirmed the attack but not the amount stolen, as users now face both security risks and uncertainty.

Iran’s largest crypto exchange, Nobitex, has been hit by a massive cyberattack, losing around $90 million in digital assets. The attack was claimed by hacktivist group Gonjeshke Darande, which is reportedly linked to Israeli intelligence. The group issued a stark warning that Nobitex’s internal data and source code would be leaked soon, placing any remaining funds on the platform at risk.

ICYMI: 🇮🇷 Iran’s largest crypto exchange, Nobitex, was hacked for $90 million in $BTC, $DOGE, $TRX, & more

By the Israel-linked “Predatory Sparrow” group

The group has burned all stolen funds to send a political message and is threatening to release the exchange source code pic.twitter.com/F6UgLwMeea

— BlockNews (@blocknewsdotcom) June 18, 2025

Political Motives Behind the Breach

The attack doesn’t appear to be about money. According to blockchain security firm Elliptic, the funds were transferred to crypto wallets with offensive, politically charged vanity addresses. These addresses were created using brute force methods but can’t actually be accessed—effectively burning the funds and sending a message. One such address read: “TKFuckiRGCTerroristsNoBiTEXy2r7mNX.”

Gonjeshke Darande accused Nobitex of helping Iran fund terrorism and bypass global sanctions, labeling the exchange a “core part” of the country’s financial network.

Suspicious Activity Flagged Before Confirmation

Crypto investigator ZachXBT was the first to notice odd fund movements—initially tallying $81.7 million in assets like TRX, BTC, and DOGE. That figure was later updated to over $82 million. Addresses such as “1FuckiRGCTerroristsNoBiTEXXXaAovLX” and “DFuckiRGCTerroristsNoBiTEXXXWLW65t” were part of the exploit.

While Nobitex confirmed the breach in a post on X, the exchange didn’t officially comment on how much was taken. The group’s warnings about releasing Nobitex’s source code are raising fears that any assets still on the platform could be at risk of vanishing.

Nobitex Faces a Crisis Beyond the Hack

With the promise of a source code leak hanging overhead, Nobitex is dealing with more than financial loss—it’s facing a full-blown credibility meltdown. The attack comes amid escalating tensions between Iran and Israel, with cyberattacks increasingly becoming weapons in this broader conflict.

After the IRGC’s “Bank Sepah” comes the turn of Nobitex
WARNING!

In 24 hours, we will release Nobitex's source code and internal information from their internal network.
Any assets that remain there after that point will be at risk!

The Nobitex exchange is at the heart of the… pic.twitter.com/GFyBCPCFIE

— Gonjeshke Darande (@GonjeshkeDarand) June 18, 2025

Gonjeshke Darande has previously targeted Iranian infrastructure, including steel plants and gas stations, making this crypto hack the latest in a series of politically charged operations.

For users still holding funds on Nobitex, the message is clear: move them now—or risk losing everything.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: cryptoEllipticGonjeshke DarandeNobitexZachXBT
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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