The Predatory Sparrow hacking group has stolen over $90 million in cryptocurrency from Iran’s Nobitex exchange and deliberately burned the stolen funds using vanity addresses. The attack appears to be politically motivated and linked to Iranian state interests, with the group also targeting Iran’s Bank Sepah in previous operations. #PredatorySparrow #IRGC #Nobitex
Keypoints
- The Predatory Sparrow group stole over $90 million from Nobitex, Iran’s largest crypto exchange.
- The hackers burned the stolen funds by transferring them to computationally infeasible vanity addresses.
- The attack is politically motivated, with ties to Iranian regime interests and the IRGC.
- Nobitex has been offline since the breach, and the company’s data and source code threaten to be leaked.
- The group previously targeted Iran’s Bank Sepah in a similar attack focused on disruption over profit.