US freezes $130 million in IRGC crypto wallets: What is the IRGC cryptocurrency and why is it being targeted?

Hindustan Times News

The United States has frozen a crypto wallet worth approximately $130 million that is allegedly linked to Iran’s Islamic Revolutionary Guard Corps (IRGC), according to the U.S. Treasury Department. U.S. Treasury Secretary Scott Bessent announced the action as part of an effort to stop Iran from using cryptocurrencies to move money. Officials said the wallet … Read more