US Seizes Nearly $1B in Iranian Crypto Amid Economic Pressure Campaign
The post US Seizes Nearly $1B in Iranian Crypto Amid Economic Pressure Campaign appeared on BitcoinEthereumNews.com. According to Bessent, the seizures are a component of Operation Economic Fury, the United States’ strategy to put financial pressure on Iran. Bessent said that it is difficult to work with a divided leadership structure because of the attacks on key regime members by the US and Israel. On Friday, Treasury Secretary Scott Bessent said that the US has confiscated around $1 billion worth of Iranian cryptocurrency. He also mentioned that some of the wallet owners may not even be aware that their funds has been confiscated. “I believe that we have seized about a billion dollars of their crypto”, Bessent said during his speech at the Reagan National Economic Forum. According to Bessent, the seizures are a component of Operation Economic Fury, the United States’ strategy to put financial pressure on Iran. The operation, which began in March 2025 and has since seized crypto, fro