The U.S. Treasury has said it has seized nearly $1 billion in cryptocurrency linked to Iran as Washington expands its financial campaign against Tehran.
Summary
- The U.S. Treasury says seizures of Iran-linked cryptocurrency are nearing $1 billion as Washington targets Tehran’s financial networks.
- Tether froze $344 million in USDT across two Tron wallets linked to Iran’s IRGC after OFAC sanctions and U.S. law enforcement action.
- Iran’s reported use of crypto for weapons sales and proposed Bitcoin tolls in the Strait of Hormuz has raised new sanctions and compliance risks.
The U.S. Treasury has said it has seized nearly $1 billion in cryptocurrency linked to Iran…
