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How the US managed to seize $500M of crypto from Iran

How the US managed to seize $500M of crypto from Iran

00:00 Scott Basset

Now the next story we have is also about Tether, but in a very different light. Here it is right here.

00:08 Scott Basset

We have the uh Freezer and Chief, Scott Basset says, USC’s nearly 500 million in Iranian crypto as Operation Economic Fury sends regime into crisis.

00:15 Scott Basset

I thought Operation Economic Fury was just when I get my credit card bill.

00:20 Scott Basset

But either way, this is a very interesting story because many people view crypto assets as decentralized and that they should not be frozen, there should be no outside tampering. That is not the case for stable coins at all.

00:32 Scott Basset

Tether, USDC Circle, they have long said…

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