US OFAC Sanctions 134 ISIS-K Crypto Wallets; Tether Freezes 131 TRON Addresses

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has designated 134 cryptocurrency wallet addresses belonging to the Islamic State Khorasan Province (ISIS-K) as Specially Designated Nationals (SDNs). These addresses are now subject to comprehensive sanctions, prohibiting U.S. persons from engaging in transactions with them. In response, stablecoin issuer Tether has frozen the assets held in 131 of these addresses, all of which are on the TRON blockchain. The remaining three sanctioned addresses operate on the Monero network, known for its enhanced privacy features. According to on-chain data reviewed by authorities, the 131 TRON-based addresses have received over $1.4 million in cryptocurrency donations since 2023 and have sent out more than $880,000 during the same period. This action underscores the critical role of compliance measures by stablecoin issuers in supporting global anti-terrorism efforts, as well as the continued scrutiny of crypto wallets used by designated terrorist groups.