The IRGC is the most powerful branch of Iran's armed forces, operating independently of the regular military and answering directly to Supreme Leader Ali Khamenei. Established by Ayatollah Ruhollah Khomeini in 1979 to safeguard the Islamic revolution, it has since evolved into a multi-service force with its own ground forces, navy, air force, intelligence units, and special forces.
Israel's Ministry of Defense announced on Monday that it was ordering the seizure of 187 crypto wallets that allegedly belong to Iran's Islamic Revolutionary Guard Corps, or IRGC. In a document detailing the seizure order, the ministry's National Bureau for Counter Terror Financing (NBCTF) said it was "convinced that the cryptocurrency wallets" in the list are property of the IRGC and are "used for the perpetration of a severe terror crime."