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via CoinDesk · By CoinDesk Staff
U.S. says it seized about $1 billion in Iranian crypto as pressure campaign expands
CS
CoinDesk Staff(03:50 PM UTC)
1 min read
The seizure, falling under "Operation Economic Fury," aims to restrict Iran's access to overseas revenue, banking networks, and crypto infrastructure.
The United States has seized about $1 billion worth of cryptocurrency tied to Iran, Treasury Secretary Scott Bessent said, describing the action as part of a broader campaign to cut off funding channels used by Tehran.
Speaking in an interview on…
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