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US targets $1 billion Iran-linked crypto seizure, Bessent says 'we know where it is'

The BlockView source article

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US Treasury announces plans to seize $1 billion in Iran-linked cryptocurrency

Treasury Secretary Scott Bessent stated the US government will 'probably' seize approximately $1 billion in cryptocurrency tied to Iran this week as part of Operation Economic Fury, saying authorities already know where the assets are located.

Oct 9, 2026·4 sourcesCrypto enforcement actionsIran & regional influenceCrypto regulationAnti-money laundering (AML)Scott BessentCrypto Sanctions Compliance
US Treasury announces plans to seize $1 billion in Iran-linked cryptocurrency
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Bessent says US could seize $1 billion in Iran crypto this week - Cryptopolitan