Hackers from the Israel-linked group Predatory Sparrow claimed responsibility for a cyberattack that wiped out $90 million from Iran’s largest crypto exchange, Nobitex. Instead of stealing the funds, they transferred Bitcoin, ETH, Dogecoin, and USDT to burner addresses, effectively destroying the assets. The attack aimed to disrupt Iran’s financial systems, accusing Nobitex of aiding sanctioned entities like the IRGC and Hamas. It marks a shift in cyberwarfare, using crypto destruction as a geopolitical weapon. Nobitex has gone offline and begun investigating. This incident raises concerns about crypto security, international conflict escalation, and the role of digital assets in sanction evasion.