Israel freezes $8 million in crypto linked to Iran's terror network. Defense Ministry identifies 37 digital wallets allegedly used by the IRGC to funnel funds to Hezbollah and other Iranian-backed

Israel has frozen $8 million in cryptocurrency associated with Iran's terror network. The Defense Ministry identified 37 digital wallets that are allegedly being used by the IRGC to channel funds to Hezbollah and other Iranian-backed terrorist groups.

This move highlights Israel's ongoing efforts to combat financing for terrorism through digital currencies. The actions taken reflect growing concerns over the use of cryptocurrencies by illicit organizations.