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US freezes $131M in Iran-linked crypto tied to central bank

US freezes $131M in Iran-linked crypto tied to central bank

The United States has frozen more than $130 million in cryptocurrency held in wallets linked to the Central Bank of Iran, according to Treasury Secretary Scott Bessent.

Summary

  • US authorities froze more than $130 million in crypto tied to Iran’s central bank wallets.
  • On-chain data showed four Tron wallets holding about $131 million in USDT were frozen Tuesday.
  • The action follows April’s $344 million USDT freeze and wider US pressure on Iranian crypto.

The action adds to a broader U.S. campaign targeting Iran’s use of digital assets and other financial channels.In a July 14 post on X, Bessent said the Treasury Department’s Office of Foreign Assets Control…

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