Israel has seized crypto wallets containing millions of dollars intended to fund terror, the country’s National Bureau for Counter Terrorist Financing announced June 28. Israeli Defense Minister Yoav Gallant credited collaboration among the Israeli defense and justice ministries, Israeli intelligence and new technology for the operation, according to local media.

Speaking at a conference on June 27, Gallant said the operation concluded “a few days ago” and seized crypto that had been transferred to terrorist organization Hezbollah and the Iranian Quds Force. It was the largest seizure of cryptocurrency from those groups so far. “We have effectively cut off the flow of terror funds via this channel,” Gallant said. He added:

Continue Reading on Coin Telegraph