US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
Cointelegraph 2026-10-09 20:39:17
Context: The US Treasury Department is planning to seize approximately $1 billion in cryptocurrency linked to Iran this week, as part of ongoing efforts to enforce sanctions against the country. This move is part of a broader crackdown on digital assets used to evade US sanctions. The seizures are being carried out in conjunction with other government agencies.
Key Facts
- The US Treasury Department plans to seize approximately $1 billion in cryptocurrency linked to Iran.
- The seizures are part of ongoing US sanctions against Iran.
- The Treasury Department has previously announced several digital asset seizures related to sanctions on Iran.