IranIsraelConflict

Israel’s Ministry of Defense has announced the seizure of 187 cryptocurrency wallets allegedly tied to Iran’s Islamic Revolutionary Guard Corps (IRGC), in what authorities describe as a major counter-terror financing operation.
According to officials, the wallets were involved in transactions totaling nearly US$1.5 billion in Tether (USDT) stablecoins over time. However, investigations revealed that only about US$1.5 million currently remains in the seized addresses, with the rest reportedly moved elsewhere before enforcement actions took place.
The National Bureau for Counter Terror Financing said the seized assets were linked to what it described as a “severe terror crime.” The case underscores Israel’s increasing focus on the use of digital assets in geopolitical conflicts.
Blockchain analytics firm Elliptic, which has monitored the wallets, confirmed the scale of the flows but cautioned that it could not independently verify whether all of the addresses were directly controlled by the IRGC. Some wallets, the firm noted, may belong to cryptocurrency service providers such as exchanges, making attribution more complex.
The development follows a series of cyber and financial clashes between Israel and Iran. In June, Iran’s largest cryptocurrency exchange, Nobitex, suffered a US$90 million hack, which the group Predatory Sparrow — widely believed to have ties to Israeli intelligence — later claimed responsibility for. A portion of those stolen funds was permanently destroyed by being sent to inaccessible wallets.
The latest seizure highlights the growing role of cryptocurrencies in international disputes and the intensifying measures taken by states to restrict their use in funding hostile activities.#Israel #IranIsraelConflict