Tehran, Jan. 8 -- Iran has carried out the execution of a man found guilty of spying for Israel's Mossad, according to state media reports released on Wednesday, as reported by ABC.

The state-run IRNA news agency named the individual as Ali Ardestani, stating that he passed classified information to Mossad operatives in exchange for financial compensation, which was reportedly paid in cryptocurrency.

IRNA said Ardestani admitted to the espionage charges and had expected to receive a reward of one million dollars along with a British visa. The agency described him as a "special operative of Israel" and that he provided Mossad with photographs and video recordings of sensitive locations.

No details were given regarding when or where Arde...