US Treasury Plans $1 Billion Iran Crypto Seizure This Week
Photo: CoinCentral
TLDR Treasury Secretary Scott Bessent said the US will “probably” seize $1 billion in crypto tied to Iran this week The move is part of what Bessent calls an “absolute isolation campaign” against Iran Bessent made a similar $1 billion claim in May, though Treasury later cited a lower figure near $500 million The US has sanctioned seven Iranian crypto exchanges since June, including Nobitex, Wallex, and BitBank Tether reported freezing $550 million in USDT tied to Iran sanctions during 2026 US Treasury Secretary Scott Bessent said this week that the United States will likely seize $1 billion in cryptocurrency…
Source: CoinCentral
