U.S. Treasury Secretary Bessent said on Thursday that the United States may seize about $1 billion in cryptocurrency this week, according to Newsmax. According to Foresight News, he made the remarks at Newsmax's NPolicy Summit in Washington and said, "We know where it is, and we are isolating them."

Bessent said the Trump administration's approach toward Iran has shifted from "maximum pressure" to "absolute isolation." He said the measures include a maritime blockade, restrictions on air travel, and cutting off land routes. He added that the United Arab Emirates and Oman are cooperating with the United States, and that the U.S. is also working with Pakistan and Turkey to block all land access in and out of Iran.