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Hackers drain $81.7M in crypto from bank, exchange.

18.06.2025 18:05

An Israeli hacking group, identified as Predatory Sparrow, has publicly claimed responsibility for crippling cyberattacks targeting both a major Iranian bank and a cryptocurrency exchange. According to reports from Axios, the attacks on Bank Sepah have rendered countless customers unable to access their funds, causing widespread disruption and financial distress. Iranian media outlets have independently confirmed significant service outages affecting customer bank cards, further substantiating the severity of the breach.


The scale of the operation extended beyond the traditional banking sector. Simultaneously, the Predatory Sparrow group allegedly orchestrated a successful attack on a cryptocurrency exchange, resulting in the theft of an estimated $81,7 million. This substantial sum comprised a diverse portfolio of digital assets, including Bitcoin, Dogecoin, and Tron, amongst other cryptocurrencies. The precise methods used in the cryptocurrency exchange heist remain undisclosed, although speculation points toward sophisticated techniques exploiting vulnerabilities in the exchange's security infrastructure.


While the specifics of the attacks remain under investigation, the brazen nature of the operation highlights the growing threat posed by state-sponsored or affiliated cyber warfare. The incident underscores the vulnerability of both traditional financial institutions and the rapidly expanding cryptocurrency market to highly organized and technologically advanced cybercriminal groups. The impact on both Iranian citizens and the global cryptocurrency ecosystem is significant, prompting concerns about the future security of digital assets and the potential for similar large-scale attacks. Sources from internet resources confirm the widely reported incidents.