Iran crypto exchange hit by hackers, over $100m destroyed

TEHRAN – An anti-Iranian hacking group with possible ties to Israel announced an attack on one of Iran’s largest cryptocurrency exchanges on June 18, destroying nearly US$90 million (S$115 million) and threatening to expose the platform’s source code.

A group known as Gonjeshke Darande, or “Predatory Sparrow,” claimed the attack, making it the group’s second operation in two days.

On June 17, the group claimed to have destroyed data at Iran’s state-owned Bank Sepah, amid the increasing hostilities and missile attacks between Israel and Iran.

The June 18 attack targeted Nobitex, one of Iran’s largest cryptocurrency exchanges.

The platform allegedly helps the Iranian government avoid sanctions and finance illicit operations…

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