US Freezes $344 Million in Tether's USDT, Citing Ties to Iran's Financial Network
In its most recent 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 Office of Foreign Assets Control (OFAC) has imposed sanctions on multiple cryptocurrency wallets linked to Iran, resulting in the freeze of $344 million in digi…
April 24, 2026, 7:50 p.m.