US authorities froze over $130 million, while renewed strikes and a naval blockade intensified regional tensions.

The United States has frozen more than $130 million in crypto assets linked to Iran as hostilities in the Middle East continue to intensify.

US Treasury Secretary Scott Bessent took to X to confirm that the Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned multiple crypto wallets tied to the Central Bank of Iran.

Escalating Hostilities

Bessent said the action is part of the Treasury’s broader effort to disrupt and degrade Iran’s illicit financial activities. He added,

“We will continue to aggressively follow the money and deny…