Israel Confiscates 187 Crypto Wallets Tied to Iran
Israel’s Ministry of Defense recently the seizure of 187 cryptocurrency wallets that it says are connected to Iran’s Islamic Revolutionary Guard Corps (IRGC), a significant military and security group in Iran that the US, the EU, and Israel itself have all called a terrorist group. The Ministry’s order explicitly targets these wallets since they are thought to have been assisting terrorists by raising money and doing other illegal financial activities.
Reports say that these 187 wallets have received a total of up to $1.5 billion over time, mainly in the stablecoin . But these wallets only carry roughly $1.5 million USDT right now because a lot of the money has been moved or lost. Blockchain analytics company Elliptic this information. Their investigations also showed that Tether had blocked about 39 of these addresses as of mid-September 2025.
Legal and Business Setting
The Israeli Minister of Defense the government paper that gave the go-ahead for the seizure. It said that all property and virtual assets contained in these wallets must be taken, as required by Israeli law. Israel is taking a strong stand by cutting off cryptocurrency-based financial sources that the IRGC uses to sustain its military and terrorist activities.
The IRGC is known for being involved in militant operations in the region, and it has been accused of using digital assets to hide money that goes to finance hostile actions against Israel and its allies. These operations include giving money to groups like Hezbollah and other proxies who use cryptocurrencies for worldwide, decentralized transactions that regular financial systems can’t track.
Wider Effects and Background
This seizure is part of a larger intelligence and enforcement campaign that involves many Israeli institutions, such as military intelligence and the Mosupset spy service. Israel’s continuous cyber and crypto warfare capabilities have included hacking operations against Iranian crypto platforms, such as the Nobitex platform in June 2025. This led to the loss of about $90 million in stolen that were alleged to be tied to the IRGC.
There are still hardys with verification. specialists warn that platforms and third-party businesses may use some of these wallets as infrastructure. Still, the Israeli government views this seizure as a strategic blow to the IRGC’s financial network. This step is meant to stop the flow of money to terrorists and let other groups know that cryptocurrency is not a secure way to send money for illegal or terrorist purposes.
Israel’s seizure of these shows how national security concerns are becoming more connected to new digital financial technologies. It also shows how states are still trying to regulate and intervene in the cryptocurrency space to stop terrorism funding.
