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U.S. Seizes $1 Billion in Crypto From Iran, Treasury Secretary Bessent Says

GateNews

Enforcement Actions

2026-05-30 20:51:44

Treasury Secretary Scott Bessent announced Friday that the U.S. has seized approximately $1 billion in cryptocurrency from entities linked to Iran. Speaking at the 2026 Reagan National Economic Forum in California, Bessent told Fox Business Network that some Iranian actors may not yet realize their digital wallets have been confiscated. "Just outright grabbed the wallets. Some of them may be typing in right now, and they might not have realized that their wallet had been grabbed," he said.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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In-Depth Analysis

Treasury Seizes $1 Billion in Iran-Linked Crypto, Scott Bessent Confirms at Reagan Forum

Coinpedia7h ago

US Seizes $1 Billion Iranian Crypto, Bessent Says at Reagan Forum

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