๐จ BREAKING NEWS: US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.
US Treasury Secretary Scott Bessent said that the country was โprobably gonna seize a billion dollars of crypto this weekโ as part of its crackdowns on Iran.
Speaking at the Newsmax Policy Summit on Thursday, Bessentsaidthe planned cryptocurrency seizure was part of the US sanctions on Iran amid the countryโs most recent military conflict, which started in February. He did not clarify whether the digital assets targeted specific exchanges or resulted from intervention by stablecoin issuers.
โWe know where it is, and we are isolating them,โ said Bessent to Newsmaxโs Greta Van Susteren. He added the move was part of a strategy of economically cutting off Iran.
๐ [ฤแปc toร n bแป bร i viแบฟt tแบกi bแบฃn gแปc](https://cointelegraph.com/news/scott-bessent-us-seize-crypto-iran-sanctions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
๐ฐ Nguแปn: ๐ช CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews
The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.
US Treasury Secretary Scott Bessent said that the country was โprobably gonna seize a billion dollars of crypto this weekโ as part of its crackdowns on Iran.
Speaking at the Newsmax Policy Summit on Thursday, Bessentsaidthe planned cryptocurrency seizure was part of the US sanctions on Iran amid the countryโs most recent military conflict, which started in February. He did not clarify whether the digital assets targeted specific exchanges or resulted from intervention by stablecoin issuers.
โWe know where it is, and we are isolating them,โ said Bessent to Newsmaxโs Greta Van Susteren. He added the move was part of a strategy of economically cutting off Iran.
๐ [ฤแปc toร n bแป bร i viแบฟt tแบกi bแบฃn gแปc](https://cointelegraph.com/news/scott-bessent-us-seize-crypto-iran-sanctions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
๐ฐ Nguแปn: ๐ช CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews