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Iranian Hackers Tied to $6 Million Bitcoin Extortion Charged in Cyber Campaign

Created at 20 Aug · 5:21 PM1 source↑ Market-relevant
IN SHORT

U.S. prosecutors have charged 17 alleged members of Iran-based Mabna Institute in a years-long cyber campaign. Six defendants are accused of involvement in the 2017 HBO hack, including an attempt to extort the company for approximately $6 million in Bitcoin. The group allegedly stole over 31 terabytes of academic data and intellectual property.

Key Numbers

17alleged Iranian hackers charged
$6 millionBitcoin extortion attempt
31.5 terabytesacademic data and IP stolen
2017year of HBO hack
100,000+professor accounts targeted
8,000compromised university accounts
144U.S. universities targeted
178foreign universities targeted
$10 millionreward for defendant information

Who's Involved

Mabna Institute
Iran-based group charged in cyber campaign
U.S. prosecutors
Brought charges against alleged hackers
Behzad Mesri
Previously charged in HBO hack
Saeid Houshyar
Defendant directly involved in HBO hack
Manouchehr Hashemloo
Defendant directly involved in HBO hack
Keyvan Fayaz
Defendant directly involved in HBO hack
Saber Shahbazi Ballojeh
Defendant directly involved in HBO hack
Arman Kahzadian
Defendant directly involved in HBO hack
John A. Eisenberg
Assistant Attorney General for National Security
Brett Leatherman
FBI Cyber Division Assistant Director
U.S. Attorney Jamie McDonald
Southern District of New York
Islamic Revolutionary Guard Corps (IRGC)
Iranian government entity allegedly benefiting from hacks
Iranian Hackers Tied to $6 Million Bitcoin Extortion Charged in Cyber Campaign

↳ Why This Matters

The charges underscore the U.S. government's commitment to pursuing foreign actors engaged in cybercrime and intellectual property theft, particularly when linked to state-sponsored entities and cryptocurrency for illicit financial activities.

Key facts

  • U.S. prosecutors charged 17 alleged Iranian hackers from the Mabna Institute.
  • The group is accused of a years-long cyber campaign, including the 2017 HBO hack.
  • During the HBO hack, hackers attempted to extort the company for approximately $6 million in Bitcoin.
  • The Mabna Institute allegedly stole over 31 terabytes of academic data and intellectual property.
  • The institute targeted universities, companies, and government agencies globally for Iran's Islamic Revolutionary Guard Corps and other clients.

U.S. prosecutors have charged 17 individuals allegedly affiliated with Iran-based Mabna Institute for their involvement in a widespread cyber campaign spanning several years. The charges include participation in the 2017 hack of HBO, during which the group attempted to extort the company for approximately $6 million in Bitcoin.

According to the Justice Department, the Mabna Institute acted on behalf of Iran's Islamic Revolutionary Guard Corps (IRGC) and other Iranian government and university entities. The group is accused of stealing at least 31.5 terabytes of academic data and intellectual property from hundreds of universities, companies, and government agencies globally. Prosecutors detailed that the hackers compromised around 8,000 accounts across 144 U.S. universities and 178 foreign universities, utilizing methods such as spearphishing and stolen credentials.

Behzad Mesri was previously identified as a defendant in the HBO hack. Five other individuals—Saeid Houshyar, Manouchehr Hashemloo, Keyvan Fayaz, Saber Shahbazi Ballojeh, and Arman Kahzadian—are also named as directly involved in the breach. The FBI highlighted that this operation profited the Iranian government by targeting intellectual property.

The charges come amid heightened tensions between Washington and Tehran, with the U.S. intensifying efforts to disrupt cryptocurrency networks allegedly used by Iran and the IRGC for financial transactions and sanctions evasion. Recent U.S. Treasury actions include sanctioning Iranian crypto exchanges and freezing assets linked to Iran's central bank and armed forces. The State Department is offering substantial rewards for information leading to the apprehension of five of the defendants.

Frequently asked questions

The Mabna Institute is an Iran-based organization accused by U.S. prosecutors of carrying out cyberattacks for the Iranian government and universities.

During the 2017 HBO hack, proprietary data was stolen, and hackers attempted to extort the company for approximately $6 million in Bitcoin.

The group allegedly stole at least 31.5 terabytes of academic data and intellectual property, including research, journals, theses, dissertations, and ebooks.

The U.S. has sanctioned Iranian crypto exchanges and frozen assets linked to Iran's central bank and armed forces, aiming to disrupt networks used for sanctions evasion.

What Happens Next

01The U.S. government will continue to pursue individuals involved in cybercrime targeting the United States from abroad.
02Further actions may be taken to disrupt cryptocurrency networks used for sanctions evasion by Iran and the IRGC.

How It Developed

U.S. prosecutors charged 17 alleged members of Iran-based Mabna Institute in a years-long cyber campaign.
Six defendants were allegedly involved in the 2017 HBO hack.
The HBO hack included an attempt to extort the company for roughly $6 million in Bitcoin.
The group allegedly stole at least 31.5 terabytes of academic data and intellectual property.
The Mabna Institute allegedly carried out hacks for Iran's Islamic Revolutionary Guard Corps and other Iranian government and university clients.
The group targeted hundreds of universities, companies, government agencies, and other organizations worldwide.
Behzad Mesri was previously charged with hacking HBO and stealing proprietary data.
Five other defendants were directly involved in the HBO hack.

Sources

T1
Iranian Hackers Tied to $6 Million Bitcoin Extortion Charged in Massive Cyber CampaignDecrypt

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