Israel announces seizure of $1.5 million worth of cryptocurrency wallets linked to Iran

The Israeli Defense Service announced on Monday that it ordered the seizure of 187 cryptocurrency wallets allegedly belonging to Iran’s Islamic Revolutionary Guard Corps, or IRGC. In a document detailing the seizure order, Israel claimed that the wallets were used by IRGC to finance its activities, including those against Israel. The wallets contained approximately $1.5 million in various cryptocurrencies.

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