Thursday, July 2
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Topic: ofac

The U.S. Department of the Treasury building in Washington
Crypto
Thursday, 7/2, 11:44 AM

U.S. Sanctions 134 ISIS-K Crypto Wallets, and Tether Freezes the Funds

  • The U.S.
  • Treasury added 134 crypto wallet addresses tied to the terrorist group ISIS-K to its sanctions list — and stablecoin issuer Tether froze the funds on the 131 Tron addresses within minutes.
  • It's a vivid demonstration of how sanctions now work in crypto, and of the power centralized stablecoin issuers hold over 'permissionless' money.

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