Global Stock News

Treasury Department Sanctions Over 130 ISIS-Affiliated Crypto Wallets on Tron

Treasury Department Sanctions Over 130 ISIS-Affiliated Crypto Wallets on Tron

In brief

  • The Treasury Department sanctioned 134 crypto wallets tied to ISIS-K, including 131 on Tron.
  • Chainalysis said the sanctioned Tron wallets received over $1.4 million since 2023.
  • The sanctions come as Tron founder Justin Sun remains embroiled in a legal battle with the Trump family’s World Liberty Financial.

The U.S. Treasury Department sanctioned more than 130 cryptocurrency wallet addresses this week tied to ISIS, with the overwhelming majority operating on the Tron blockchain.

The Treasury Department’s Office of Foreign Assets Control (OFAC) added 134 crypto wallets to existing sanctions on ISIS-K, the Islamic State’s affiliate operating in Afghanistan, Pakistan, and Central Asia. Of those addresses, 131 were on Tron and three…

Source link

Share this article

Scroll to Top