US seizes nearly $500M in Iran linked crypto as Bessent says sanctions push regime into crisis
The US has seized nearly $500 million in Iranian-linked cryptocurrency assets as part of Operation Economic Fury, a campaign to increase economic pressure on Iran, according to Treasury Secretary Scott Bessent. The effort aims to disrupt Iran's access to global financial systems, including oil revenue and digital asset channels, to limit funding for its military and proxies. Bessent stated that the campaign has expanded beyond financial sanctions to include warnings of secondary sanctions on entities involved in Iranian oil trade.
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US seizes nearly $500M in Iran linked crypto as Bessent says sanctions push regime into crisis The US has seized nearly $500 million in Iranian crypto assets as part of Operation Economic Fury, Treasury Secretary Scott Bessent told Fox Business. Share Add us on Google by Estefano Gomez Apr. 30, 2026 The US has seized nearly $500 million in Iranian crypto assets as part of a broader economic pressure campaign aimed at cutting off Tehran’s financial lifelines, Treasury Secretary Scott Bessent said Wednesday. Speaking on Fox Business, Bessent said Operation Economic Fury has pushed Iran into crisis by freezing bank accounts, targeting overseas assets, and pressuring foreign governments and companies to avoid dealing with the regime.
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