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US says it has seized $1 billion in crypto assets from Iran [View all]
Source: Reuters/Times of Israel
US Treasury Secretary Scott Bessent says the US has seized $1 billion in Iranian cryptocurrency assets as part of the economic component of President Donald Trump's war on the Islamic Republic.
By Reuters
Today, 10:38 pm Israel (7 hours ahead)
Read more: https://www.timesofisrael.com/liveblog_entry/us-says-it-has-seized-1-billion-in-crypto-assets-from-iran/
US Reaches $1 Billion Seized Iran Crypto to Date: Bessent's Big Update
US reaches $1 billion cumulative seizure of Iranian crypto assets to date.
Bessent updates total from $500 million in April to $1 billion today.
Part of Operation Economic Fury targeting Iran sanctions evasion networks.
Cumulative Total Hits $1 Billion
The figure represents the running total seized to date, not a single new action announced today.
It builds on earlier milestones, including a major April 2026 freeze of $344 million in USDT on the Tron blockchain.
Published:
29 May 2026, 19:22 UTC
Updated:
29 May 2026, 19:31 UTC
https://beincrypto.com/us-1-billion-seized-iran-crypto/
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