The U.S. has seized nearly $500 million in Iranian crypto assets, Treasury Secretary Scott Bessent said.
Summary
- Treasury Secretary Scott Bessent said U.S. crypto seizures tied to Iran now approach $500 million.
- The figure is higher than the $344 million USDT freeze previously confirmed by Tether.
- The seizures form part of Operation Economic Fury, targeting Iran’s banks, crypto assets, and oil networks.
The figure is higher than the $344 million in USDT previously reported as frozen by Tether. Bessent said the seizures are part of Operation Economic Fury. President Donald Trump ordered the campaign in March 2025 to increase financial pressure on Iran.
The…
