US Freezes $344 Million in USDT, Citing Iran Sanctions and 'Economic Fury' Campaign
In its latest move to disrupt Iran's financial networks, the US Treasury Department has frozen $344 million in cryptocurrency, citing links to the Iranian regime. According to Treasury Secretary Scott Bessent, the freeze is part of a broader effort, dubbed 'Economic Fury,' aimed at choking off all financial lifelines to the regime. The action follows Tether's decision to blacklist two blockchain …
April 24, 2026, 7:50 p.m.