#IranUSD1BSeizureRisk

About IranUSD1BSeizureRisk

US Treasury Secretary Scott Bessent said the US could soon seize about $1B in Iran-linked crypto. No new seizure or asset details have been confirmed, and it is unclear whether this would be additional to the roughly $1B he cited in May. Tether says it has helped freeze Iran-linked USDT, while a US Senate investigation has raised questions about sanctions controls. US authorities have also targeted Iran-linked crypto exchanges.