The United States has seized nearly $1 billion in Iranian cryptocurrency assets as part of Operation Economic Fury, US Treasury Secretary Scott Bessent announced

Treasury Secretary Scott Bessent said the U.S. has "outright grabbed" roughly $1 billion worth of cryptocurrencies from Iran via seizures.

Treasury Secretary Bessent announced the seizure of roughly $1B in Iranian crypto holdings under Operation Economic Fury, with $500M in USDT confirmed frozen.