Israel freezes $8 million in IRGC-linked crypto wallets, Mario Nawfal confirms

Israel freezes $8 million in IRGC-linked crypto wallets, Mario Nawfal confirms
Israel freezes Iran-linked crypto wallets

Mario Nawfal, founder & CEO at IBC Group, reports that Israeli authorities have sanctioned crypto wallets allegedly used by Iran to fund Hezbollah. Israeli Defense Minister Katz announced the freeze of dozens of wallets linked to the IRGC, valued at about $8 million.

The move highlights Israel's efforts to counter Iran not just militarily, but through financial measures targeting digital assets.

Nawfal has previously reported on significant movements in the tech sector. He highlighted Elon Musk's net worth surge of $164.8 billion in one day, overtaking Warren Buffett's lifetime fortune in a recent article. Nawfal also discussed SpaceX’s launch of its new AI network, STARMIND, deploying one million satellites into orbit in a separate report.

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