Israel freezes $8 million in crypto linked to Iran's terror network

Israel's Defense Ministry has frozen $8 million in cryptocurrency linked to Iran's Islamic Revolutionary Guard Corps (IRGC). The ministry identified 37 digital wallets allegedly used to funnel funds to Hezbollah and other Iranian-backed terrorist organizations.

This move is part of ongoing efforts to disrupt financing networks that support terrorist activities. The action reflects Israel's commitment to countering threats posed by Iranian proxies in the region.