Pro-Israel Group Hacks Iranian Exchange Nobitex for $90 Million
The Iranian cryptocurrency exchange Nobitex was hacked for approximately $90 million. The incident is linked to the pro-Israel activist group Gonjeshke Darande, who transferred the stolen funds to inaccessible "vanity" wallets marked with terms like "terrorist," effectively rendering them unrecoverable.
Key Points
- The hack appears politically motivated, intended as a message against Nobitex and the Islamic Revolutionary Guard Corps.
- Following the hack, the group's source code was leaked, exposing remaining tokens on the platform to further theft.
- The attack coincides with ongoing sanctions against Iran due to its human rights record and nuclear ambitions.
- Gonjeshke Darande highlighted allegations of Iran using cryptocurrency to bypass sanctions.
- The loss of Nobitex could hinder Iran's ability to move capital amid escalating conflicts.
- Experts believe the vanity wallets are irretrievable due to the difficulty in generating the corresponding private keys.