Nobitex Hack Just Got Way Worse: Full Source Code Dumped Online
The hack that shocked Iran’s crypto space is getting deeper by the hour. After swiping $100 million worth of crypto on Wednesday, Israeli-linked hacker group Gonjeshke Darande (aka Predatory Sparrow) has now leaked the entire source code of Iran’s largest exchange.
Source Code Dump Means Total Exposure
Today, the hackers posted the full Nobitex backend online via X (formerly Twitter), with a chilling message: “Time’s up, full source code linked below. ASSETS LEFT IN NOBITEX ARE NOW ENTIRELY OUT IN THE OPEN.”
This leak exposes the exchange’s core security architecture, server details, and transaction flows—basically an open invitation for more attacks.
According to crypto security analyst Yehor Rudytsia, the attackers hit over 20 crypto assets. $90 million worth of Bitcoin and Ethereum was sent to dead wallets—burned, not stolen. The hackers claim it wasn’t about money, but to protest Iran’s alleged misuse of Nobitex to dodge sanctions and fund military operations.
Quick Take:
This isn’t just another cyber attack. The Nobitex hack is now a geopolitical flashpoint. As Iran and Israel exchange real-world missiles, hackers are launching financial bombs. Nobitex says operations will resume in five days and users will be repaid from a reserve fund. Iran’s central bank has reacted fast—limiting exchange hours and promising tighter regulations.
The company’s CEO, Amir Rad, is expected to go public soon with the platform’s next steps. But with the source code out and trust broken, the future of Iran’s biggest exchange is hanging by a thread.
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