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Treasury Hits ISIS-K with Crypto Sanctions | Bitcoin and Crypto News

Treasury Hits ISIS-K with Crypto Sanctions | Bitcoin and Crypto News

Published 1 week, 4 days ago
Description

The U.S. Treasury just slapped ISIS-K with crypto sanctions, freezing $1.4M in Tron and Monero wallets linked to their fundraising operations — and Tether stepped in to halt the flow. This isn’t the first time Tether’s helped enforce sanctions, having frozen $182M earlier this year. Meanwhile, the Treasury also targeted a Latin American cartel using crypto to launder $30M, showing how governments are tightening the grip on digital finance as it becomes a tool for illicit activity.

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