🚨 $90M Crypto Hack – But This Time, It Wasn’t for Profit.

Last week, a hacking group called “Predatory Sparrow” breached Iran’s Nobitex exchange, drained nearly $90M—and burned the funds.

No ransom. No theft. Just destruction. Blockchain forensics confirm: this was politically motivated cyber sabotage, likely tied to Israel-Iran tensions.

It’s a stark reminder: not all threats come from cybercriminals. Some come from geopolitics.

🛡 Exchanges and custodians must be ready:
🔹 Hardened cold storage
🔹 Real-time monitoring
🔹 Rigorous operational controls

Security isn’t a checkbox.

At Cobo, we help institutions strengthen every layer of their crypto infrastructure—because modern threats demand more than just basic protection.

📩 Book a demo to see how Cobo can secure your digital asset operations: https://t.co/Botnaky8DO

#CryptoSecurity #Custody #DigitalAssets