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Iran vs Israel Spills Into Crypto: Nobitex Hacked for $81M

Published: June 18, 2025|Last updated: June 18, 2025

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  • $81.7M was stolen from Nobitex through vanity address exploits across Tron and EVM chains
  • A pro-Israel group, Gonjeshke Darande, claimed responsibility, embedding a clear political message in the wallet address itself
  • Nobitex confirmed only hot wallets were affected and assured users that funds will be reimbursed via their insurance fund
  • This wasn’t just a financial exploit — it was a targeted, ideological attack that signals how geopolitical conflict is bleeding into crypto

Another week, another major exploit. This time, it’s Nobitex—one of Iran’s largest cryptocurrency exchanges—getting drained for over $81 million in a coordinated attack that blends technical precision with political undertones.

According to onchain sleuth ZachXBT, the exploit siphoned funds via a vanity address exploit, moving assets across Tron and multiple EVM-compatible blockchains. Not exactly your everyday rug pull — this one had a message.

The first red flag was a rather loud one: a Tron wallet dubbed “TKFuckiRGCTerroristsNoBiTEX…”, used to extract $49 million alone. If you were wondering whether this was just a profit-driven attack, the naming convention gives away a much more pointed agenda.

The Hack Was Loud, Intentional, and Political

Shortly after the exploit, a hacker group calling itself “Gonjeshke Darande” came forward claiming responsibility.

https://twitter.com/GonjeshkeDarand/status/1935231018937536681

The group appears to be pro-Israel, and the message embedded in the vanity address doesn’t leave much room for misinterpretation.

This wasn’t just about stealing crypto — it was about making a statement.

A second vanity address used in the heist — “0xffFFfFFffFFffFfFffFFfFfFfFFFFfFfFFFFDead” — helped drain the rest, bringing the total to over $81.7 million.

The exploit follows a trend we’ve seen more of lately: attackers aren’t hiding. They’re branding their attacks, embedding ideology, and broadcasting intent.

Nobitex's Response: Hot Wallets Hit, Cold Wallets Safe

Nobitex acknowledged the breach, confirming that a portion of its hot wallets showed signs of unauthorized access. Standard protocol followed: hot wallets were suspended, and damage control kicked in.

According to the exchange, cold storage assets remain untouched, and user funds will be covered using the insurance fund and internal reserves.

It’s a familiar playbook, but the real story here isn’t just the loss of funds — it’s the shift in how and why these attacks are happening.

Beyond Crypto: This Is Geopolitical

Let’s call it what it is. This wasn't your standard DeFi exploit. This was cyber warfare with a blockchain twist, hitting one of the few regulated Iranian crypto exchanges still operating despite international restrictions.

The attack underscores the evolution of hacking groups in crypto.

It’s no longer just North Korea or anonymous threat actors — we’re now entering a chapter where nation-state proxy groups are leveraging onchain tools to push narratives, disrupt economies, and flex cyber muscle in plain sight.

And with vanity addresses now weaponized for both technical and symbolic impact, every wallet label becomes a headline in itself.

The content provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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My name is Francesco, I am a funded trader and I have a deep passion for forex, cryptocurrencies, and trading as a whole. I feel lucky, that I am able combine my skills with what I love. I'm very interested in factors driving price movements and enjoy uncovering the reasons behind them. My primary interests include Bitcoin, Altcoins, macroeconomics, and all related to trading.


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