U.S. says it seized about $1 billion in Iranian crypto as pressure campaign expands
The U.S. has seized approximately $1 billion in cryptocurrency linked to Iran as part of its ongoing pressure campaign. This initiative, known as Operation Economic Fury, aims to limit Iran's access to international revenue and banking systems. Treasury Secretary Scott Bessent highlighted the negative impact of these actions on Iran's economy, including soaring inflation and unpaid military personnel.
- ▪The U.S. seized about $1 billion in cryptocurrency tied to Iran.
- ▪This seizure is part of Operation Economic Fury, which aims to restrict Iran's access to overseas revenue.
- ▪Treasury Secretary Scott Bessent noted that the pressure campaign has contributed to Iran's worsening economic conditions.
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| Publication time | Sat, 30 May 2026 15:50:37 +0000 |
| Retrieval time | 2026-05-30T15:59:38.738Z |
| Last seen | 2026-05-30T15:59:38.738Z |
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Opening excerpt (first ~120 words) tap to expand
FinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailU.S. says it seized about $1 billion in Iranian crypto as pressure campaign expandsThe seizure, falling under "Operation Economic Fury," aims to restrict Iran's access to overseas revenue, banking networks, and crypto infrastructure.By Francisco Rodrigues, AI Boost|Edited by Aoyon Ashraf May 30, 2026, 3:50 p.m. 1 min readMake preferred on What to know: The U.S. seized about $1 billion in cryptocurrency tied to Iran as part of a campaign to cut off funding channels used by Tehran.The seizure, falling under "Operation Economic Fury," aims to restrict Iran's access to overseas revenue, banking networks, and crypto infrastructure.Treasury Secretary Scott Bessent linked the pressure campaign to Iran's worsening…
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