Pulse Alternative
Cryptocurrency

US announces seizure of $1 billion in Iranian cryptocurrency


The United States has seized approximately $1 billion in Iranian cryptocurrency. U.S. Treasury Secretary Scott Bessent announced this during the 2026 Reagan National Economic Forum, CNN reports, according to UNN.

Details

“I believe we have seized about a billion dollars in cryptocurrency,”

Bessent said.

According to him, U.S. authorities have effectively gained control over crypto wallets linked to Iran.

The Secretary noted that some asset owners might not even be aware that they have lost access to their funds.

“We just took the wallets. Some of them might be typing right now and not realize that their wallet has been snatched,”

he stated.

Bessent did not provide additional details regarding the operation, specifically when exactly the seizure of crypto-assets took place or which Iranian entities might have been linked to these funds.

Iranian official states that a deal with the US has not yet been reached29.05.26, 21:46 • 2244 views



Source link

Related posts

These Privacy Tokens Are the Most Rapid Developers Here in May! – Sanbase

George

Bitcoin Options Expiry Tests Whether Max Pain Can Pull BTC Back to $75K

George

Michael Saylor Signals Fifth Straight Week of Bitcoin Buying, but Strategy Has Yet to Act for a Month

George

Leave a Comment