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The Independent UK

Technology

Anthony Cuthbertson

Pro-Israel hackers ‘burn’ $100m from Iran’s biggest crypto exchange

Crypto Nobitex Iran Elliptic SpaceX

Nobitex, the largest crypto exchange in Iran, announced on 18 June, 2025, that it had been hacked - (Getty/iStock)

A pro-Israel hacking group has claimed responsibility for draining the funds of Iran’s largest crypto exchange.

The hackers, who go by the name Gonjeshke Darande (Predatory Sparrow), used an unusual attack method on the Nobitex exchange that effectively destroyed around $100 million worth of cryptocurrency.

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