Skip to content
Back to Guavy Wire
Crypto

Iranian Hacking Crew Cracked Universities, Companies for $6M Bitcoin Ransom

Instruments
BTC
Share

US authorities have charged 17 Iranians for their alleged involvement in a massive hacking campaign that spanned years. The defendants, working on behalf of Iran's Islamic Revolutionary Guard Corps and other clients, targeted hundreds of universities, dozens of companies, and at least five state and federal government agencies around the world.

The indictment mentions Behzad Mesri, who was previously charged with hacking HBO and attempting to extort $6 million worth of Bitcoin. Five other defendants were directly involved in the hack: Saeid Houshyar, Manouchehr Hashemloo, Keyvan Fayaz, Saber Shahbazi Ballojeh, and Arman Kahzadian.

The stolen research was resold through two websites, Megapaper.ir and Gigapaper.ir. The latter rented out hijacked professor logins to Iranian customers so they could access foreign university libraries. US institutions spent $3.4 billion acquiring the material in the first place, while separate victims racked up more than $20 million cleaning up the breaches.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc