OFAC sanctions 134 ISIS-K crypto wallet addresses as Tether freezes funds

OFAC added 134 crypto wallet addresses linked to ISIS-K to its sanctions list, including 131 Tron addresses that received more than $1.4 million in crypto donations, according to Chainalysis.

The US Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned 134 cryptocurrency wallet addresses identified as belonging to ISIS-Khorasan (ISIS-K), which has been a Specially Designated Global Terrorist since September 2015.

The wallet addresses were added to the OFAC’s Specially Designated Nationals (SDN) list on Wednesday, which includes individuals, entities and digital asset addresses linked to terrorism, narcotics trafficking and other illicit activity.

Stablecoin issuer Tether has frozen the balances associated with 131 Tron addresses, while the remaining three sanctioned addresses were on the Monero network, blockchain forensics company Chainalysis said in a Wednesday report.

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