Cryptocurrency in the service of terror: Israel exposes Iran's funding mechanism
The terrorist organization of the Islamic Revolutionary Guard Corps continues to try to bypass the sanctions imposed on it and find alternative ways to transfer funds for terror financing • In this context, the Ministry…
Assessment
Israel's Defense Ministry has exposed a cryptocurrency-based funding network tied to Iran's Revolutionary Guards, revealing a sophisticated effort to bypass sanctions and finance proxies like Hezbollah. By seizing 37 crypto wallets worth 24 million shekels, Israel has escalated financial countermeasures against Iran-backed terror financing. This disclosure highlights the growing role of digital currencies in modern conflict, where states now target virtual assets as actively as physical ones. The development signals that financial warfare is shifting into the crypto domain, with implications for global regulatory responses.