US Freezes $344 Million in USDT, Citing Efforts to Disrupt Iran's Financial Networks
In its latest move to disrupt Iran's financial networks, the US Treasury Department has frozen $344 million in cryptocurrency, as part of a broader initiative dubbed 'Economic Fury'. According to Treasury Secretary Scott Bessent, the department's Office of Foreign Assets Control (OFAC) has sanctioned several cryptocurrency wallets linked to Iran, resulting in the freeze of $344 million in cryptoc…
April 24, 2026, 7:50 p.m.