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Coinwy > Blog > Crypto > Israeli Hacktivists Allegedly Seize $48.6M from Iranian Crypto Exchange
Crypto

Israeli Hacktivists Allegedly Seize $48.6M from Iranian Crypto Exchange

Thiago Alvarez
Last updated: June 18, 2025 9:55 am
Thiago Alvarez
Published: June 18, 2025
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Key Points:

  • Israeli hackers reportedly stole $48.6M from Iranian exchange.
  • Hot wallet breach, Tron assets most affected.
  • Nobitex assures user asset security despite hack.

Nobitex, a prominent Iranian cryptocurrency exchange, experienced a cyber breach allegedly executed by the Israeli hacktivist group Gonjeshke Darande. The attack, identified on June 18, 2025, reportedly involved the theft of $48.6 million.

The hacking incident at Nobitex underscores increasing cybersecurity threats within the crypto sector, with potential geopolitical ramifications stemming from the Israel-Iran rivalry.

Gonjeshke Darande, a pro-Israel hacktivist group, is believed to have hacked Nobitex, Iran’s largest crypto exchange. The attackers claim to have stolen $48.6 million from hot wallets on the Tron blockchain. Nobitex assured users their assets are secure and any affected will be compensated, asserting user funds are in cold storage while investigations continue. Screenshots shared by on-chain analyst ZachXBT showed suspicious outflows on Tron, reportedly amounting to $48.65 million.

“The Nobitex exchange is at the heart of the regime’s efforts to finance terror worldwide, as well as being the regime’s favorite sanctions violation tool… take action before it’s too late.”

Financial impacts include heightened scrutiny on Tron-based assets, especially Tether, used for sanctions circumvention. The hack further exposes vulnerabilities in crypto exchanges amid ongoing cyber-hostilities between Israel and Iran. Potential regulatory implications arise as such events may lead to tightened security standards globally, highlighting a need for advanced protective measures against similar threats.

The attack amplifies tensions between Israel and Iran within cyber and kinetic spheres, potentially leading to increased regulatory oversight and changes to security protocols across crypto exchanges. Historical precedents indicate continued risk exposure for politically tied platforms within volatile geopolitical contexts.

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