Some Iranian crypto wallet owners may not even know yet that their money is gone. Treasury Secretary Scott Bessent disclosed Friday that the US has quietly seized roughly $1 billion in digital assets tied to Iran, a figure that has nearly tripled from earlier estimates released just weeks ago.

Operation Economic Fury

The seizures are part of a campaign called Operation Economic Fury, launched in March 2025, which has gone after Iranian assets on multiple fronts — freezing bank accounts, confiscating properties with European allies, and targeting cryptocurrency holdings.

Bessent spoke about the effort at the Reagan National Economic Forum, describing the operation as part of a broader effort to cut off Iran financially.

The $1 billion…