U.S. Treasury Targets Crypto Wallets Used by Houthi Terrorists for Financial Crimes

The U.S. government has launched a significant crackdown on financial networks linked to terrorist organizations, targeting cryptocurrency wallets associated with the Houthi movement in Yemen. The action aims to disrupt their illicit financing methods and limit their access to funds. 8 digital wallets allegedly used by the Houthis for arms procurement and sanctions evasion have been sanctioned.