isisk

US imposes sanctions on more than 100 ISIS-K crypto addresses, blocks $1.4 million

- The US Department of the Treasury has imposed sanctions on more than 100 cryptocurrency wallet addresses believed to be linked to the ISIS-K terrorist group.
- These addresses have moved more than $1.4 million, mainly through cryptocurrency transactions.
- ISIS-K is accused of using its media channels to solicit donations in Bitcoin (BTC), Tron (TRX), and Monero (XMR).
- The case highlights the growing role of stablecoin issuers and exchanges in enforcing international sanctions.
#BinanceSquare #CryptoNews #Sanctions #ISISK #BTC TRX XMR

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Source: CoinDesk

OFAC sanctions 134 crypto wallets linked to ISIS-K; Tether freezes funds

* The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has added 134 cryptocurrency wallet addresses linked to the ISIS-K terrorist group to its sanctions list.
* Of these, 131 wallets on the Tron network received more than $1.4 million in crypto donations.
* Tether, the issuer of the USDT stablecoin, quickly froze related funds to comply with the sanctions order.
* This move highlights efforts by regulators and the cryptocurrency industry to prevent the use of digital assets for illegal activities.
#OFAC #ISISK #CryptoSanctions #Tether #Tron USDT BinanceSquare CryptoNews

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Source: CoinTelegraph