US seized $500M in Iranian crypto assets, Treasury secretary says
The United States has seized nearly $500 million in Iranian cryptocurrency assets as part of Operation Economic Fury, a broader campaign to disrupt Iran's financial networks, according to Treasury Secretary Scott Bessent. The seizure amount exceeds the previously reported $344 million, with additional sanctions targeting Iranian banks, oil shipments, and drone and missile supply chains. Bessent stated the measures have contributed to economic instability in Iran, including a collapsing bank and a sharply devalued currency.
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Written by Amin Haqshanas, Staff Writer. Reviewed by Bryan O'Shea, Staff Editor. Written by Amin Haqshanas, Staff Writer. Reviewed by Bryan O'Shea, Staff Editor. US seized $500M in Iranian crypto assets, Treasury secretary saysLatest NewsPublishedApr 30, 2026Treasury Secretary Scott Bessent said the US has seized nearly $500 million in Iranian crypto assets, surpassing the previously reported $344 million freeze.The United States has seized nearly $500 million in Iranian cryptocurrency assets as part of a sweeping economic pressure campaign against Tehran, Treasury Secretary Scott Bessent said Wednesday.Bessent made the comments during an appearance on Fox Business’s “Kudlow,” where he outlined the scope of Operation Economic Fury, a campaign ordered by President Donald Trump in March…
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