Treasury Secretary Scott Bessent said the US is probably going to seize about a billion dollars of crypto during the week of the interview, and that authorities already know where the assets sit. He named no token, no wallet address, no exchange and no legal mechanism behind the figure, and Treasury has not officially announced that any such seizure has been made.

The remarks came in an interview with Greta Van Susteren at Newsmax’s NPolicy Summit in Washington, D.C., on Thursday. Bessent described the administration’s Iran strategy as a shift away from maximum pressure toward what he called an absolute isolation campaign, one that he said includes financial limits, maritime controls and travel restrictions.

“We’re probably gonna seize a…