Israel announces seizure of $1.5M from crypto wallets tied to Iran
The Israeli government has announced the seizure of $1.5 million from cryptocurrency wallets believed to be tied to Iran's Islamic Revolutionary Guard Corps (IRGC). According to a blockchain analysis firm, the seized wallets have received over $1.5 billion in cryptocurrency over time. The move is part of Israel's efforts to disrupt the IRGC's financial activities, which the government considers a terrorist organization. The seizure of the wallets was ordered by the Israeli government, and it represents a significant step in the ongoing crackdown on the IRGC's use of cryptocurrency to evade sanctions and fund its operations. The article does not provide further details on the specific cryptocurrencies involved or the methods used to trace the funds to the IRGC. However, it highlights the growing importance of blockchain analysis in the fight against terrorism and illicit financial activities.
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