Opinion

Iran’s cyberwar targets ordinary Americans. We need to dismantle the hacker network

Digital attacks against America run on stolen passwords and cheap tools

By Omri Raiter Fox News

Published May 11, 2026 5:00am EDT

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In the first hours after American and Israeli airstrikes hit Iran on Feb. 28, while most of the world was watching missile tracks across the Middle East, something quieter was happening on the blockchain. Islamic Revolutionary Guard Corps (IRGC) operatives moved tens of millions out of their crypto wallets in the first hours, scaling to hundreds of millions in the days that followed.

RAKIA, a cyber intelligence firm that develops data analysis platforms used by governments and security agencies, had its analysts track the surge in real time, and Fox News Digital detailed the findings as they unfolded. The funds eventually landed in wallets used by the Houthis, Hezbollah and personal safe havens for regime insiders.

It was a tell. The same regime that spent years building a $3 billion crypto operation to fund its proxies was, in the opening hours of a war, using that infrastructure to evacuate its war chest. The two months since have brought the second act: the IRGC turning that infrastructure outward, against Americans and our allies.

Iran’s hackers are not sophisticated. Every major Iranian operation against Americans this year has run on the same cheap fuel: stolen passwords, harvested by commodity malware, basic widely available hacking software, sold for a few dollars on dark web marketplaces America already has the tools to dismantle.

IRAN MOVES HUNDREDS OF MILLIONS IN CRYPTO DURING NATIONWIDE INTERNET BLACKOUT, REPORT REVEALS

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