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Why Pro-Israel Group’s $90M Crypto Hack Could Be a Hammer Blow for Iran’s Regime

1 min read
3 weeks ago Curated by Theresa Wysocki
Why Pro-Israel Group's $90M Crypto Hack Could Be a Hammer Blow for Iran's Regime

Photo credit: Daria Glakteeva via Unsplash. Article by Oliver Knight. CoinDesk – updated June 19, 2025.

What to know:

Nobitex was hacked on Wednesday, with attackers stealing $90 million and prompting a full service shutdown.

Pro-Israel group Gonjeshke Darande claimed responsibility, using “vanity” wallets with messages like “terrorist” to burn the funds and send a political message, not profit.

The hack potentially cripples Iran’s ability to move funds via crypto amid heightened Middle East tensions, exposing vulnerabilities in its sanction-evasion infrastructure. […]

Click here to view original web page at www.coindesk.com

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