Israel announces seizure of $1.5M from crypto wallets tied to Iran
Israel’s Ministry of Defense announced on Monday that it was ordering the seizure of 187 crypto wallets that allegedly belong to Iran’s Islamic Revolutionary Guard Corps, or IRGC.
In a document detailing the seizure order, the ministry’s National Bureau for Counter Terror Financing (NBCTF) said it was “convinced that the cryptocurrency wallets” in the list are property of the IRGC and are “used for the perpetration of a severe terror crime.”
The IRGC is sanctioned as a terrorist organization by the United States, the European Union, and Israel, among other countries.
According to blockchain monitoring firm Elliptic, the named wallets have received $1.5 billion over time in Tether’s stablecoin USDT….
