US targets $1B in Iran-linked cryptocurrency for seizure, Bessent says

CIE News ·

The US government is targeting $1 billion in Iran-linked cryptocurrency assets for seizure, according to The Block. Bessent stated that authorities know where the targeted funds are located.

The US government is targeting $1 billion in cryptocurrency assets linked to Iran for seizure, according to The Block. Regarding the assets, Bessent stated that authorities know where it is. The seizure plan follows months of sanctions and asset freezes aimed at Iranian holdings.

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