diff --git a/x/distribution/keeper/keeper.go b/x/distribution/keeper/keeper.go
index f7b68fd59cc5..1b21dbb163b3 100644
--- a/x/distribution/keeper/keeper.go
+++ b/x/distribution/keeper/keeper.go
@@ -231,6 +231,11 @@ func (k Keeper) WithdrawSingleShareRecordReward(ctx context.Context, recordID ui
 	}
 	owner := sdk.AccAddress(ownerAddr)
 
+	// This check is necessary to prevent sending rewards to a blacklisted address
+	if k.bankKeeper.BlockedAddr(owner) {
+		return errorsmod.Wrapf(sdkerrors.ErrUnauthorized, "%s is not allowed to receive funds", owner.String())
+	}
+
 	valAddr, err := k.stakingKeeper.ValidatorAddressCodec().StringToBytes(record.Validator)
 	if err != nil {
 		return err
@@ -293,6 +298,11 @@ func (k Keeper) WithdrawTokenizeShareRecordReward(ctx sdk.Context, ownerAddr sdk
 		return nil, err
 	}
 
+	// This check is necessary to prevent sending rewards to a blacklisted address
+	if k.bankKeeper.BlockedAddr(ownerAddr) {
+		return nil, errorsmod.Wrapf(sdkerrors.ErrUnauthorized, "%s is not allowed to receive funds", ownerAddr)
+	}
+
 	if record.Owner != ownerAddr.String() {
 		return nil, types.ErrNotTokenizeShareRecordOwner
 	}
@@ -340,6 +350,11 @@ func (k Keeper) WithdrawTokenizeShareRecordReward(ctx sdk.Context, ownerAddr sdk
 
 // withdraw reward for all owning TokenizeShareRecord
 func (k Keeper) WithdrawAllTokenizeShareRecordReward(ctx sdk.Context, ownerAddr sdk.AccAddress) (sdk.Coins, error) {
+	// This check is necessary to prevent sending rewards to a blacklisted address
+	if k.bankKeeper.BlockedAddr(ownerAddr) {
+		return nil, errorsmod.Wrapf(sdkerrors.ErrUnauthorized, "%s is not allowed to receive external funds", ownerAddr)
+	}
+
 	totalRewards := sdk.Coins{}
 
 	records := k.stakingKeeper.GetTokenizeShareRecordsByOwner(ctx, ownerAddr)
diff --git a/x/distribution/keeper/msg_server.go b/x/distribution/keeper/msg_server.go
index 7004316e565e..a48be11e6330 100644
--- a/x/distribution/keeper/msg_server.go
+++ b/x/distribution/keeper/msg_server.go
@@ -243,6 +243,7 @@ func (k msgServer) WithdrawTokenizeShareRecordReward(goCtx context.Context, msg
 	if err != nil {
 		return nil, err
 	}
+
 	amount, err := k.Keeper.WithdrawTokenizeShareRecordReward(ctx, ownerAddr, msg.RecordId)
 	if err != nil {
 		return nil, err
@@ -271,6 +272,7 @@ func (k msgServer) WithdrawAllTokenizeShareRecordReward(goCtx context.Context, m
 	if err != nil {
 		return nil, err
 	}
+
 	amount, err := k.Keeper.WithdrawAllTokenizeShareRecordReward(ctx, ownerAddr)
 	if err != nil {
 		return nil, err