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Israeli Man Accused of Spying for Iran in Exchange for Crypto

by Catatonic Times
June 24, 2025
in Web3
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In short

Israel’s safety company has arrested a 27-year-old for allegedly photographing navy websites for Iran.
Suspects allegedly acquired crypto funds price $500 for every activity, racking up hundreds of {dollars}.
Two different Israeli residents have been arrested for related espionage actions.

Israeli authorities have arrested a 27-year-old Tel Aviv man on espionage fees after he allegedly accomplished intelligence duties for Iranian operatives in alternate for crypto funds.

The suspect allegedly carried out varied missions, together with photographing delicate areas and spray-painting politically motivated graffiti, the Israel Safety Company (Shin Wager) and Tel Aviv District Police introduced in a joint assertion launched to varied native media on Monday.

Organizations behind the espionage actions “attain out by way of social media platforms,” the companies stated, urging residents and residents of Israel “to not interact with overseas actors or perform any missions on their behalf,” as cited in a report from native media outlet Arutz Sheva.

The arrests come as cyberattacks linked to the Israel–Iran battle have intensified, with the battle inflicting uncertainty in crypto markets.

Final week, a pro-Israel hacker group claimed duty for an exploit that drained roughly $90 million price of crypto from Iranian alternate Nobitex, citing ties between the platform and Iranian intelligence companies.

Crypto markets eased by Monday after President Trump claimed {that a} ceasefire mediated by Qatar was being mentioned.

On the time of writing, Israel maintained warnings for residents to take shelter, claiming a 3rd Iranian missile barrage to be incoming, per an replace from the Related Press.



Paid in crypto

Within the Sunday operation, authorities seized computer systems and digital storage gadgets suspected of being linked and used for communication with Iranian handlers working with Or Beilin, a Tel Aviv resident.

After his arrest, Beilin was introduced earlier than the Tel Aviv Justice of the Peace’s Courtroom, which determined to increase his detention to June 26, pending investigation.

Beilin joins two others already in custody by Israeli police, together with Dmitri Cohen, 28, from Haifa.

Cohen was arrested final month on suspicion of gathering intelligence on Amit Yardeni, who was set to marry Avner Netanyahu, the son of Israeli Prime Minister Benjamin Netanyahu, based on a separate report from the Occasions of Israel.

Cohen was reportedly promised $500 for every activity and acquired hundreds in crypto since working with Iranian brokers. One other particular person was arrested within the Sharon area, although the 19-year-old suspect was not named in native studies.

Decrypt reached out to Shin Wager and the Israel Police to verify identities and if the arrests fashioned a sample.

Edited by Sebastian Sinclair

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Tags: AccusedcryptoExchangeIranIsraelimanSpying
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