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Hacking & intrusion

Nobitex hack burns about $90 million in Iranian crypto

First reported · Last reported · 11 related reports

In June 2025, the infrastructure and hot wallets of Nobitex, Iran's largest crypto exchange, were breached, about $90 million in crypto assets was stolen and services were suspended. The pro-Israel hacking group Predatory Sparrow, which claimed the attack, sent the assets to addresses from which they are hard to recover, effectively burning them. An analysis of the leaked source code was later published.

Key facts

Affected organization
Nobitex
Incident type
Hacking & intrusion
Occurred / detected
Not confirmed
Scale of damage
About $90 million in crypto assets stolen and effectively burned; service suspension
Cause / method
Breach of exchange infrastructure and hot wallets claimed by Predatory Sparrow, and transfer of assets to hard-to-recover addresses
Location
Iran

If your data was exposed

Exposed dataCrypto assets

  1. Check login and withdrawal history in your exchange app, and turn on withdrawal address whitelisting and withdrawal delays.

Timeline

  1. It emerged that the breach of Nobitex's infrastructure and hot wallets led to about $90 million in crypto assets being stolen and effectively burned, and services being suspended.
  2. An analysis found that crypto addresses containing specific strings were used in the attack.
  3. An analysis of source code leaked from Nobitex and of Iran's crypto infrastructure was published.

11 related reports

The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organization’s official statements for accurate details.