Tether freezes 131 Tron wallets linked to terrorist group

The U.S. Treasury's Office of Foreign Assets Control (OFAC) has sanctioned 134 cryptocurrency wallet addresses linked to the terrorist group Islamic State Khorasan (ISIS-K), Chainalysis reported. The sanctions target 131 Tron (TRX)-based wallets and three Monero (XMR)-based wallets. In response, stablecoin issuer Tether (USDT) has frozen the assets in the 131 Tron-based wallets. According to the media outlet, these Tron wallets had received over $1.4 million in cryptocurrency since 2023, with more than $880,000 transferred out. ISIS-K has reportedly been soliciting crypto donations through websites and messenger platforms, and some of the funds were traced to a Syria-based cryptocurrency exchange.