Israel seizes Iran-linked wallets with up to $1.5B USDT

Israel’s Ministry of Defense ordered the seizure of 137 crypto wallets, with an estimated balance of $1.5B USDT, based on additional ￰0￱ wallets have been linked to sanctioned usage in Iran. A total of 137 wallets with up to $1.5B were seized by the Israel Ministry of ￰1￱ wallets mostly contained USDT, and were reportedly linked to sanctioned usage in ￰2￱ official order listed the Ethereum addresses for the ￰3￱ wallets were identified as property of the designated terrorist organization Iran’s Revolutionary Guards and were considered linked to potential terrorist ￰4￱ wallets listed used a TRON address format, as TRON-based USDT has been associated with illegal ￰5￱ wallets reportedly held up to $1.5B in total balances, but the remaining amount is at $1.5M.

The discovery of the long list of addresses follows previous connections of terrorism to using TRON-based wallets for donations. Iran’s crypto usage is focused on TRON, a chain that does not face much scrutiny as Ethereum. However, the recent hack of the Nobitex exchange happened through TRON-based transfers, and was reportedly a deliberate attempt to deprive Iranian organizations of crypto ￰6￱ from Eliptic have linked Nobitex to IRGC financing, mostly due to connections to vanity ￰7￱ the USDT confiscation have an impact? Crypto wallets remain anonymous or at least ￰8￱ wallets is also impossible without access to private ￰9￱ can be frozen, but there are no reports of involving Tether or TRON in their role of controlling the illegal usage of ￰10￱ of the USDT from the seized wallets was moved in early 2025, leaving only $1.5M in remaining balances. |