US has seized nearly $1 billion in Iranian crypto, Treasury secretary says
60-second summary
The US Treasury Secretary Scott Bessent announces that the US has seized nearly $1 billion in Iranian crypto assets, doubling the previously disclosed figure of roughly $500 million in late April. This significant seizure highlights the US government's efforts to combat illicit activities and restrict Iran's access to global financial systems, further tightening crypto sanctions.
US Treasury Secretary Scott Bessent said the US has seized roughly $1 billion in Iranian crypto assets, double the figure disclosed in late April.