In April 2026, seven individuals, including members of classified IDF and police units, were indicted for bribery, theft, and money laundering. Illicit funds exceeding 50 million NIS (approximately $13 million) were laundered through cryptocurrencies, specifically Bitcoin and Tether (USDT). Tether, a dollar-pegged stablecoin, has become particularly popular among criminal networks due to its price stability for large-value transfers. Israeli authorities signed a 9 million shekel contract with blockchain analytics firm Chainalysis, and in May 2025, Tether froze over 10 million USDT at the direct request of Israeli law enforcement.
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