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NEWS: U.S. freezes $1 billion in Iran-linked crypto during ‘Operation Economic Fury’

NEWS: U.S. freezes $1 billion in Iran-linked crypto during ‘Operation Economic Fury’

By PAUL O’DONOGHUE, Senior Correspondent

THE U.S. has frozen about $1 billion worth of crypto linked to Iran as part of ‘Operation Economic Fury’, a broader effort to disrupt the country’s funding channels.

Scott Bessent, the Treasury Secretary, said U.S. authorities had “grabbed the wallets” and seized cryptocurrency connected to Iran.

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