Israel Seizes $1.5M from Crypto Wallets Linked to Iran’s IRGC

Israel announces seizure of $1.5M from crypto wallets tied to Iran’s IRGC in latest counter-terror move.
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Israel Seizes $1.5M from Crypto Wallets Linked to Iran’s IRGC
Israel Announces Seizure of $1.5M from Crypto Wallets Tied to Iran Israel announces seizure of $1.5M from crypto wallets tied to Iran, marking one of its most high-profile financial crackdowns targeting the Islamic Revolutionary Guard Corps (IRGC). The move underscores growing concerns over how cryptocurrencies are being used to finance terrorism and evade global sanctions. Image Credits:Morteza Nikoubazl/NurPhoto / Getty Images 187 Crypto Wallets Targeted by Israel Israel’s Ministry of Defense confirmed on Monday that it ordered the seizure of 187 cryptocurrency wallets allegedly connected to the IRGC. The announcement came from the National Bureau for Counter Terror Financing (NBCTF), which stated it was “convinced that the wallets are property of the IRGC” and were “used for the perpetration of a severe terror crime.” Why the IRGC Is in Focus The IRGC has long been sanctioned by the United States, the European Union, and Israel, all of which recognize it as a terrorist organization. By fr…