On June 19, 2025, Iran's Nobitex crypto exchange experienced a significant cyberattack, resulting in the theft of around $90 million in assets.
Gonjeshke Darande Group Hacks Nobitex
Hackers from the Gonjeshke Darande group, known for their attacks on Iranian infrastructure, stole cryptocurrency assets worth between $90 million and $100 million. The attack was well-coordinated and marks one of the largest losses in centralized exchange history tied to geopolitical activities.
Central Bank of Iran Temporarily Suspends Trading
As a result of the hack, the Central Bank of Iran temporarily suspended trading on markets. Major assets like BTC and ETH experienced significant outflows. Regulatory measures were aimed at curtailing liquidity risks and preventing a potential financial crisis amid rising geopolitical tensions.
Continued Pattern of Geopolitical Attacks
This attack reflects previous assaults on Iranian infrastructure by the same group, suggesting a pattern linked to geopolitical conflicts. Hackers employed similar tactics used in past operations, prompting experts to foresee potential systemic vulnerabilities within Iran's financial systems.
The incident involving Nobitex highlights the critical importance of securing crypto exchanges and may lead to tighter regulations and increased scrutiny over regional crypto exchanges.
