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US Freezes $344M in Crypto Linked to Iran as Sanctions Pressure Escalates

US Freezes $344M in Crypto Linked to Iran as Sanctions Pressure Escalates

Quiver Data Analyst

The Trump administration has frozen $344 million in cryptocurrency tied to Iran, escalating financial pressure as ceasefire negotiations remain uncertain and economic tensions persist.

  • The U.S. Treasury, working with Tether froze $344 million across two crypto wallets linked to alleged Iranian activity.
  • Officials cited blockchain analysis showing transactions connected to Iranian exchanges and wallets associated with the Central Bank of Iran.
  • Tether said it acted after receiving information from…

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