US Seizes Nearly $1 Billion in Iranian Crypto Assets, Treasury Secretary Says

Cointelegraph Staff

(08:38 AM UTC)

1 min read

The United States has seized roughly $1 billion in Iranian crypto assets, Treasury Secretary Scott Bessent said Friday, adding that some of the wallet owners may not yet know the funds are gone.

“I believe that we have seized about a billion dollars of their crypto,” Bessent said while speaking at the Reagan National Economic Forum. “Just outright grabbed the wallets. Some of them may be typing in…

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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