Israel Imposes Sanctions on Iranian Crypto Wallets Funding Hezbollah with $7 Million
Israeli Defense Minister Israel Katz has signed sanctions against 37 digital cryptocurrency wallets linked to Iran's Islamic Revolutionary Guard Corps (IRGC). These wallets were used to finance Hezbollah activities. The National Headquarters for Combating Economic Terrorism (Matel) at the Ministry of Defense, in cooperation with the intelligence community, uncovered this crypto-based funding network. The total value of the frozen assets exceeds 24 million Israeli shekels (approximately $7 million). This move is part of Israel's ongoing efforts to disrupt terror financing channels connected to Iran and its proxies.
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