US government intensifies crackdown on Iran’s cryptocurrency use with $500M asset freeze
The US government has frozen nearly $500 million in cryptocurrency assets linked to Iran as part of a crackdown on its financial networks. This action is part of 'Operation Economic Fury,' which aims to increase economic pressure on Tehran. The operation has seen significant cooperation from Tether, which froze over $344 million in USDT following sanctions imposed by the Office of Foreign Assets Control.
- ▪The US government has seized nearly $500 million in cryptocurrency assets tied to Iranian financial networks.
- ▪Treasury Secretary Scott Bessent announced the asset freeze as a critical escalation in economic pressure against Iran.
- ▪The operation, named 'Operation Economic Fury,' specifically targets Iran's use of cryptocurrency to evade sanctions.
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US government intensifies crackdown on Iran’s cryptocurrency use with $500M asset freeze Operation Economic Fury seizes nearly half a billion dollars in Iranian-linked digital assets, with Tether freezing $344 million in USDT after OFAC sanctions. Share Add us on Google by Editorial Team May. 21, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The US government has frozen nearly $500 million in cryptocurrency assets tied to Iranian…
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