Dubai (United Arab Emirates), June 19 (LaPresse/AP) – Hackers with possible links to Israel have stolen over $90 million from Nobitex, Iran’s largest cryptocurrency exchange. The group claiming responsibility for the hack released what it called the company’s full source code on Thursday. “The remaining assets in Nobitex are now completely out in the open,” the group wrote on its Telegram account.
The stolen funds were transferred to addresses that carried messages criticizing Iran’s Revolutionary Guard, according to a blog post by blockchain analytics firm Elliptic. Elliptic stated that the attack did not appear to be financially motivated, as the wallets receiving the funds “effectively burned the money to send a political message to Nobitex.”
The hacker group, Gonjeshke Darande — “Predatory Sparrow” in Farsi — accused Nobitex of helping the Iranian government evade Western sanctions on its fast-evolving nuclear program and funneling money to militants, in a post on X claiming the attack. Nobitex appears to have confirmed the breach. Its app and website were offline as it assessed “unauthorized access” to its systems, according to a post on X.