Treasury Secretary Bessent Says US Has 'Grabbed' $1 Billion in Crypto From Iran

Decrypt Editorial

(08:40 PM UTC)

1 min read

In brief

Treasury Secretary Scott Bessent said on Friday that the U.S. has seized roughly $1 billion worth of cryptocurrencies from Iran.
Iran’s Islamic Revolutionary Guard Corps has reportedly embraced Bitcoin, from maritime insurance to shipping tolls.
Actors linked to Iran have used Tether’s USDT stablecoin to move funds, Israeli authorities alleged last year.

The U.S. government has seized…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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