Israel hacks Iranian crypto exchange for $90 million—but throws away the money
Geopolitical tensions in the Middle East have spilled over into the crypto industry. On Tuesday, Nobitex, the largest crypto exchange in Iran, was hacked for more than $90 million, according to the crypto analytics firm Elliptic. A group that calls itself Gonjeshke Darande, or Predatory Sparrow, claimed responsibility for the hack. “These cyberattacks are the result of Nobitex being a key regime tool for financing terrorism and violating sanctions,” Predatory Sparrow wrote on X.
