Hackers Unleash Nobitex Source Code as Iran Cracks Down on Crypto Trading

Well, well, well. Just when you thought the drama was over, the infamous Israeli hacker group, Gonjeshke Darande, has decided to give the entire world a peek behind the curtain of Iran’s Nobitex Exchange. It’s as if they said, “Oh, you think your platform is safe? Think again!” After robbing the exchange of a hefty $100 million, these digital bandits have released the source code for the platform. Enjoy, dear internet users. It’s now a free-for-all.

On June 19, they had the audacity to take to X (formerly Twitter) with the bombshell announcement: “Time’s up – full source code linked below. Assets left in Nobitex are now entirely out in the open.” How very generous of them, don’t you think? They didn’t just take the money—they gave away the keys to the kingdom. 👑

The hackers were kind enough to share a thread outlining critical security features of Nobitex. Included were blockchain cold scripts, privacy configurations, and a server list, along with a zip file containing the entire source code. Because why not hand over the entire treasure chest, right?

But wait, there’s a political twist to this hack. The hackers claim their motive was rooted in Iranian government officials using Nobitex. They also threw in a little extra spice, accusing the exchange of financing activities that violate international sanctions. That’s some juicy geopolitical drama right there. 🌍

Nobitex Says No More Financial Losses… But Do They Really Know?

8 burn addresses burned $90M from the wallets of the regime’s favorite sanctions violation tool, Nobitex.

12 hours from now: The source-code of Nobitex will be open to the public, and Nobitex’s walled garden will be without walls. Where do you want your assets to be?…

— Gonjeshke Darande (@GonjeshkeDarand) June 18, 2025

Iran’s Central Bank Does the Crypto Curfew Tango

And as if that wasn’t enough drama for one day, the Iranian Central Bank has decided to play its hand, enforcing a crypto curfew on domestic exchanges. According to reports from Chainalysis, they’ve restricted operating hours to a mere 10 a.m. to 8 p.m. because, well, nothing says “we’re in control” like limiting your citizens’ ability to trade crypto during the night. 🕙

Andrew Fierman from Chainalysis weighed in, claiming this curfew is probably an attempt to limit further attacks: “Incidents are easier to manage when they’re not occurring in the middle of the night.” Oh, and don’t forget the little cherry on top: “The regime may also want to assert more control over their citizens’ transactions, especially when geopolitical tensions are at an all-time high. After all, they can’t have their capital fleeing the country.” Classic move. 💸

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2025-06-19 19:50