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Israel announces seizure of $1.5M from crypto wallets tied to Iran
The Israeli government ordered the seizure of 187 wallets it said belong to the IRGC, which have over time received $1.5 billion in crypto, according to a blockchain analysis firm.
Israel’s Ministry of Defense announced on Monday that it was ordering the seizure of 187 crypto wallets that allegedly belong to Iran’s Islamic Revolutionary Guard Corps, or IRGC. Amir Rashidi, the director of digital rights and security at the Iran-focused nonprofit Miaan Group, said it’s possible Israel found information about these wallets by hacking into Iran’s infrastructure. “And well, many of these cases might, for example, involve exchanges that are not directly part of the IRGC but are connected to it, similar to many banks, financial and credit institutions, or even companies that appear to be private,” he said.
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