Cryptocurrency issuer Tether has frozen 32 crypto wallet addresses containing a combined $873,118 it said were linked to 'terrorism and warfare' in Israel and Ukraine, the company said on Monday.
LONDON, Oct 16 - Cryptocurrency issuer Tether has frozen 32 crypto wallet addresses containing a combined $873,118 it said were linked to "terrorism and warfare" in Israel and Ukraine, the company said on Monday.last week they had frozen crypto accounts used to solicit donations for Hamas on social media. Hamas' Oct. 7 attack on Israel killed 1,300 people.
Crypto operates mostly outside of the traditional financial system and wallet addresses are pseudonymous, which makes those behind transactions difficult to track. The NBCTF, which has previously seized crypto accounts it said were linked to militant groups including Hamas, did not respond to a request for comment.
Firms such as TRM gather information on the owners of crypto wallets via techniques such as open-source investigations and collaboration with law enforcement.
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