Reported by Terence Zimwara

(Excerpt shared below. To read full report, go to: https://news.bitcoin.com/terror-funded-tokens-israel-blocks-iran-linked-wallets-holding-millions-in-usdt/)

Israel has seized 187 digital wallets allegedly linked to Iran’s Revolutionary Guards (IRGC) over terrorism financing charges, citing their use in a “severe terror crime.”

LEGAL BASIS FOR SEIZURE

Israel has seized digital wallets allegedly controlled by Iran’s Islamic Revolutionary Guards Corps (IRGC) on terrorism funding charges. In a seizure order issued by Defense Minister Israel Katz, the 187 wallets were deemed “used for the perpetration of a severe terror crime,” justifying the decision to seize and confiscate the digital funds within them.

According to an Israel Defense Ministry’s Administrative Seizure Order (ASO-43/25), the wallets were seized under section 56(b) of Israel’s Anti-Terrorism Law of 2016. The order also directs anyone who comes in contact with the wallets to report to local law enforcement.

“Any person who in the course of business or in the performance of his duties was requested to perform an action involving the property, or who received the property to his possession, custody or control, shall report the same to the Israel Police in accordance with sections 33(a) and 34 of the Law and to the National Bureau for Counter Terror Financing (NBCTF) at the Ministry of Defense,” Katz’s order states.