U.S. Treasury Sanctions 134 Cryptocurrency Addresses Linked to ISIS-K, Tether Freezes Assets

The Office of Foreign Assets Control (OFAC) of the U.S. Treasury announced on July 1 that it added 134 cryptocurrency addresses associated with the Islamic State Khorasan Province (ISIS-K) to its list of sanctioned entities. The breakdown includes 131 addresses on the Tron network and 3 on the Monero network. Following the announcement, the stablecoin issuer Tether froze the USDT balances held in the 131 Tron addresses on the same day. However, due to the high anonymity of Monero...