Attribution & motivation

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Hacker group Gonjeshke Darande (Predatory Sparrow) announced that it had breached Nobitex’s internal systems and pledged to publish the exchange’s source code and internal documents within 24 hours.
Bank Sepah, a state-owned Iranian bank, was targeted in a cyberattack by Gonjeshke Darande a day prior to the Nobitex hack.
Hacker group Gonjeshke Darande (Predatory Sparrow) labeled Nobitex a tool for terrorism financing and sanctions evasion.

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