US Says It Seized $1B in Iranian Crypto Assets

US Treasury Secretary Scott Bessent said on Friday that the United States has seized around $1 billion worth of Iranian cryptocurrency holdings and is working with European allies on additional asset seizures linked to Tehran, The Caspian Post reports, citing Anadolu.

“I believe that we have seized about a billion dollars of their crypto,” Bessent said, adding that the US “just outright grab the wallets.”

He further claimed that some account holders may still be unaware that their assets had been taken. “Some of them may be like…