Israel seeks seizure of $1.5 billion Tether (USDT) linked to the Islamic Revolutionary Guard Corps

Source
JH Kim

Summary

  • Israel's anti-terror financing authority said it is seeking to seize $1.5 billion worth of Tether (USDT) held by the Islamic Revolutionary Guard Corps.
  • Funds are spread across 187 addresses, so attention should be paid to the impact a large-scale USDT seizure could have on the market.
  • Blockchain analysis firm Elliptic said it is not certain that all the wallet addresses are actually linked to the Iranian military.

On the 15th (local time), according to Decrypt, a cryptoasset (cryptocurrency) specialized media, Israel's anti-terror financing authority said that the Tether (USDT) worth $1.5 billion held by the Islamic Revolutionary Guard Corps across 187 addresses should be seized. However, blockchain analysis firm Elliptic added that it is not certain whether all the wallet addresses publicly disclosed by Israel are actually linked to the Iranian military.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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