Merve Aydogan
30 May 2026•Update: 30 May 2026
US Treasury Secretary Scott Bessent said Friday that the US has seized 1$ billion in Iranian cryptocurrency holdings and is working with European allies to seize properties linked to Tehran.
“I believe that we have seized about a billion dollars of their crypto,” said Bessent, adding that the US “just outright grab the wallets.”
Claiming that some account holders may still be unaware of the seizures, he said that “some of them may be like typing in right now, and realize they might not realize that their wallet had been grabbed.”
Bessent said the US is also coordinating with allies abroad on broader asset seizures.
“We are working with our allies all over Europe to grab villas and houses and…
