Israel’s $90M Nobitex Exploit Tied to Crypto-Funded Espionage

$90 million vanished from Iran’s Nobitex exchange, now, TRM Labs suggests pro-Israel hackers allegedly siphoned funds and possibly seized sensitive data to uncover Iranian spies paid in cryptoDays after the hack, three Israeli citizens were arrested for allegedly carrying out espionage activities, such as performing surveillance, propaganda, and intelligence-gathering tasks in exchange for cryptocurrency payments on behalf of Iranian intelligence. Israeli Espionage Case Highlights Use of Crypto for State-Backed OperationsIn its report, TRM Labs noted “the arrests represent a rare public case of state-sponsored espionage in which operatives were compensated using digital assets.”The investigation alleges that each suspect received crypto payouts upon completing specific assignments, with funds delivered via anonymized blockchain channels.One of the accused, Dmitri Cohen, 28, from Haifa, reportedly tracked and photographed members of Prime Minister Benjamin Netanyahu’s family source: https://cryptonews.com/news/israels-90m-nobitex-exploit-tied-to-crypto-funded-espionage/