US Treasury Secretary Scott Bessent has announced that roughly $1 billion in Iranian crypto holdings have been seized, marking one of the most aggressive digital asset enforcement actions in American history.
Live: Secretary Bessent delivers remarks at the Reagan National Economic Forum. https://t.co/k0OZERqJ1T
— Treasury Department (@USTreasury) May 29, 2026
The seizures fall under “Operation Economic Fury,” a campaign targeting the financial infrastructure propping up the Iranian regime and the Islamic Revolutionary Guard Corps.
How Operation Economic Fury unfolded
