The US has seized $500 million in Iran-linked cryptocurrency assets, Cointelegraph reported.

US Treasury Secretary Scott Bessent told Fox Business on April 29 that the seizure was part of Washington’s economic pressure campaign against Iran. Cointelegraph said the move was part of “Operation Economic Fury,” which President Donald Trump ordered in March 2025. The campaign is aimed at cutting off Iran’s funding through asset seizures, bank account freezes and secondary sanctions on countries that buy Iranian oil.

“We are freezing bank accounts all over the world,” Bessent said. More importantly, he added, the campaign is making people reluctant to do business with…