
US Plans to Seize $1 Billion in Iran-Linked Crypto
- —Bessent: US to seize roughly $1 billion in Iran-linked crypto this week
- —Nearly $10 billion in crypto moved through Iran during 2025
- —Treasury has already sanctioned Iranian exchanges Nobitex and BitBank
- —Measures include a naval blockade and restrictions on air and land travel
Why it matters: Extending sanctions to blockchain transactions tightens pressure on Iranian crypto flows and sets a precedent for seizing digital assets.
Source: Crypto News Australia
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